Osmosis Proposal: #852

Rate Limit adjustment: Remove CUDOS limits

Status:
Passed
Yes99.2%

Turnout:53.01%

Quorum:20.00%

Yes: 99.2%

197,739,170 OSMO

No: 0%

25,375 OSMO

No With Veto: 0%

5,461 OSMO

Abstain: 0.8%

1,505,175 OSMO

Voting Period

  -  

Proposer

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Deposit End

Submit Time

Description

This proposal removes rate limits for CUDOS due to the upcoming migration event to ASI reducing assets held on Osmosis.

Background

Rate Limits

The IBC Rate Limit module is a safety control implemented in v13, intended to protect assets on Osmosis in the event of security issues with:

Rate limits allow only a specified net percentage change in the quantity of an asset on Osmosis within a specified period.

Slowing down the rate of security incidents allows validators more time to respond, investigate, and take any required action. It either caps the rate at which exploited tokens generated elsewhere can be sent to Osmosis for disposal or prevents unusually high amounts of tokens on Osmosis from being removed.

Current IBC Rate limits can be monitored on the Range Dashboard .

ASI migration

As previously referenced in Proposal 810, several AI projects are merging to become the Artificial Superintelligence Alliance.

CUDOS' inclusion in this was passed in CUDOS Proposal 21

As specified in this proposal, CUDOS is expected to halt at the end of October, and the majority of liquidity has already been withdrawn from Osmosis as it delists from exchanges.

Forum Thread: https://forum.osmosis.zone/t/rate-limit-adjustment-remove-cudos-limits/3218