Governance Meeting Notes Mega-Thread

Abstract

  • It currently seems that the following gas fee values would see broad support: Low: 0.1 uSCRT; Med: 0.25 uSCRT; High: 0.5 uSCRT.
  • There are still some bumps in the road to fully implement relayer fees using IBC fee middleware but it seems the best way to make sure relaying is sustainable. Indirect compensation is not optimal and a relayer fee between 0.01 and 0.05 SCRT per IBC tx should already cover expenses.
  • Until relayer fees are implemented we could use a fee grant to cover gas costs through the community pool, this is estimated at 1000 SCRT a month for all IBC txs at a gas fee of 0.1 uSCRT.
  • Next week we will again discuss the topic of a minimum validator commission parameter, there are some signals that this is perhaps also something that should be voted on again.
  • Pulsar-3 is live, currently it is estimated to be 2 or 3 weeks until pulsar-2 is sunset. There are some issues with support for both networks on wallets and cosmos directory but that is being worked on.

Action Points

Full Notes