Lava Proposal: #28
Lava v4.2.0 Software Upgrade - Lockup Adjustments
Turnout:99.05%
Quorum:33.40%
Yes: 11.6%
81,177,492 LAVA
No: 2.1%
14,648,921 LAVA
No With Veto: 0.1%
368,052 LAVA
Abstain: 86.3%
605,335,040 LAVA
Voting Period
-Proposer
lava@1tsm3se56600sh7qclpnl0ttjvze3cd06syvzct
Deposit End
Submit Time
Description
Software upgrade for Lava codebase on block height 1853800, which is estimated to occur on Sunday, Dec 15th, UTC 20:00. Block times have high variance, so please monitor the chain for more precise time estimates.
Upgrade Features
This upgrade consists In alignment with the community discussion https://community.lavanet.xyz/t/discussion-to-extend-vesting-schedule-for-locked-stakeholders/152, this Hotfix proposes a single change: extending periodic vesting account cliff by 1 year. This version was reviewed, technologically approved and deployed on testnet in accordance with Lava Foundation .
See the Full Change Log.
Getting Prepared for the Upgrade
To build the binary, be sure to install golang 1.20. NOTE: Golang versions lower than this will not work.
If not using Cosmovisor, wait for your node to halt at the upgrade height, then install and run the v4.2.0 binary.
Details of Upgrade Time
The proposal targets the upgrade proposal block to be 1853800, anticipated to be on Sunday, Dec 15th, UTC 20:00. Note that block times have high variance, so keep monitoring the time. See countdown HERE.
In the event of an issue at upgrade time, we should coordinate via the mainnet validators channel in discord to come to a quick emergency consensus and mitigate any further issues. Providers version is unchanged