Voting on Consumer Chains with ATOM
Hi all! Now that Neutron is airdropping a significant amount of NTRN tokens, we need to think of a solution for how the Hub can vote on consumer chains (CC). The Hub will own around 50% of Neutron’s voting power at the time of writing, although this will likely decrease over time as tokens unlock. If a consumer chain faces a contentious vote that would impact ATOM holders, I believe it would be essential that we have the infrastructure in place to use the Hub’s voting power to cast a vote. I don’t think it makes sense for ATOM holders to be required to vote on every CC’s proposal, but for critical votes such as “We want to change our inflation rate” or “We want to change the revenue share model” , the full force of the Hub’s voting power should be used. On a high level, here’s the voting process I propose: • A consumer chain has a proposal up in the voting period • The Cosmos Hub uses Interchain Queries to periodically update it’s list of currently active CC proposals • Any ATOM holder can create a transaction to clone a CC’s prop on the Hub • The CC’s prop’s metadata will automatically be copied in a new prop on the Hub and will have a voting period end-date one day…
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