Modification to Downtime Slashing

Passed
Proposal passed.
YES
85.79%
18.86M SCRT
ABSTAIN
14.21%
3.125M SCRT
NO
0%
0 SCRT
NO (VETO)
0%
0 SCRT
PROPOSAL DESCRIPTION
This proposal is to change the current 1% slashing fee for downtime to 0.01%. This is being proposed in an attempt to mitigate the impact of downtime slashing on smaller validators, delegators, and node runners, in general, to further encourage the decentralization of stake. This change is being made based on conversations on chat.scrt.network , multiple governance working group calls, and most recently on the Secret Network forums here forum.scrt.network
PROPOSED PARAMETER CHANGES
Subspace/Key Value
slashing / SlashFractionDowntime
"0.000100000000000000"
VOTES
Missing voting data.
DEPOSITS
Missing deposit data.
Info #17
2020-08-08 at 01:07 UTC
63%
22M of 35M SCRT have voted.
Tallying Procedure
33.4%
50%
33.4%
0.0