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DiscussionsSignaling/Text[Proposal 801] [PASSED] Signalling Proposal - Gravity Dex Liquidity Module RemovalForum ↗

[Proposal 801] [PASSED] Signalling Proposal - Gravity Dex Liquidity Module Removal

Signaling/Text2 posts989 views5 likesLast activity Jun 2023
MM
mmuljiOP
Jun 2023 4

Change log • 2023-06-02 Created initial post • 2023-06-14 Revised for on-chain proposal references, see #801 Summary This signaling proposal has been drafted to solicit community approval for the removal of the Gravity Dex liquidity module from the CosmosHub and to return the funds contained therein to the rightful owners. It is important to remove the liquidity module because it will greatly reduce development overhead, increase speed and efficiency, and reduce risks, in addition alternative modules that will be actively maintained are being developed. Context The liquidity module was introduced in proposal #51 , but has been migrated to the Crescent chain after proposal #62 . Currently only pool withdrawals are enabled, with module swaps and deposits blocked with proposal #67 . Despite withdrawals being enabled for over a year, the liquidity pools still contain unclaimed funds that need to be redistributed. The Importance of Removing the Module The module is not actively maintained and has no utility on the Hub. A failure to remove it will drastically decrease the speed at which the Cosmos Hub can be upgraded, and result in increased overhead to perform such…

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PI
ping
Jun 2023 1

we will vote YES, :slight_smile: :slight_smile:

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