# \[DISCUSSION\] TOP 20 Validators/Validators votes

**URL:** <https://forum.cosmos.network/t/discussion-top-20-validators-validators-votes/15524>\
**Category:** Conversation\
**Created:** [May 14, 2025, 1:14pm UTC](https://forum.cosmos.network/t/discussion-top-20-validators-validators-votes/15524 "2025-05-14T13:14:37Z")\
**Posts on this page:** 18\
**Page:** 1

<div class="post-metadata">

**Author:** ![FHZ](https://yyz1.discourse-cdn.com/flex031/user_avatar/forum.cosmos.network/fhz/32/7351_2.png) [@FHZ](https://forum.cosmos.network/u/FHZ)\
**Post date:** [May 14, 2025, 1:14pm UTC](https://forum.cosmos.network/t/discussion-top-20-validators-validators-votes/15524/1 "2025-05-14T13:14:37Z")

</div>

**[Conversation]**

Positive this is a _very_ popular, well rounded topic of discussion, however:

If we are all to simply accept the CP being equivalent to the _[edited] 5th_ (currently) ranked Validator, in relation to its weight in ATOM (currently), curious:

1. Are we ready to **remove TOP 20 validators influencing on-chain voting**?
2. Are we ready to **decouple Validators from their delegators votes**?

If not, would sincerely appreciate your time in helping to understand why.

Thank you in advance.

---

<div class="post-metadata">

**Author:** ![waqarmmirza](https://yyz1.discourse-cdn.com/flex031/user_avatar/forum.cosmos.network/waqarmmirza/32/4189_2.png) [@waqarmmirza](https://forum.cosmos.network/u/waqarmmirza)\
**Post date:** [May 15, 2025, 12:40pm UTC](https://forum.cosmos.network/t/discussion-top-20-validators-validators-votes/15524/2 "2025-05-15T12:40:15Z")

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I have made my peace with the idea after Atom One forked. Now we have two philosophies in parallel, and somehow it is good for the ecosystem.

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<div class="post-metadata">

**Author:** ![StunZeed](https://avatars.discourse-cdn.com/v4/letter/s/b2d939/32.png) [@StunZeed](https://forum.cosmos.network/u/StunZeed)\
**Post date:** [May 15, 2025, 11:24pm UTC](https://forum.cosmos.network/t/discussion-top-20-validators-validators-votes/15524/3 "2025-05-15T23:24:22Z")

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What’s wrong with copying something that another chain is doing and it’s beneficial?

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<div class="post-metadata">

**Author:** ![Quentin](https://yyz1.discourse-cdn.com/flex031/user_avatar/forum.cosmos.network/quentin/32/7987_2.png) [@Quentin](https://forum.cosmos.network/u/Quentin)\
**Post date:** [May 16, 2025, 4:56am UTC](https://forum.cosmos.network/t/discussion-top-20-validators-validators-votes/15524/4 "2025-05-16T04:56:42Z")

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I also believe that, in the long run, a political reform will be necessary to strengthen the network’s resilience and its democratic structure. Imposing a cap on the voting power per validator (for instance, no validator should hold more than 5% of voting power over the chain) seems to me a strong way to improve resilience. Similarly, as you mentioned, separating the voting power of delegators from that of validators (or at least allowing delegators to freely choose the address that represents their voting influence) is also a valuable idea.

That being said, even though I’m strongly convinced of the need for such reform to ensure the network’s democratic health, I believe now is not the time to focus on resilience. The priority should be to establish a clear territory and a solid use case. But I can assure you that when the time comes, I’ll be the first to bring these ideas back.

---

<div class="post-metadata">

**Author:** ![Govmos](https://yyz1.discourse-cdn.com/flex031/user_avatar/forum.cosmos.network/govmos/32/5806_2.png) [@Govmos](https://forum.cosmos.network/u/Govmos)\
**Post date:** [May 16, 2025, 2:32pm UTC](https://forum.cosmos.network/t/discussion-top-20-validators-validators-votes/15524/5 "2025-05-16T14:32:19Z")

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Vote delegation is a very important topic indeed, one that we have covered years ago, even though it failed to catch the community’s interest so far. It may take time for many to fully appreciate where vote delegation is likely headed in the long run. Based on our research and past contributions on the topic, we believe the most robust governance architecture will naturally evolve into the following layered structure:

* * *

### **1. Direct Participation**

The default and most desirable outcome:  
**The token holder votes directly.**  
This ensures the most direct form of democratic expression.

* * *

### **2. Delegated Governance via Councils**

If the token holder chooses not to vote, the **delegated representative — a member of a governance council — inherits the voting right**.  
These representatives, or “governors,” would ideally be subject-matter specialists, selected by the token holder to reflect their values or interests.

Importantly:

- The token holder retains ultimate control and **can override any vote** cast on their behalf **at any time before the voting period ends**.
- They can also **revoke the delegation** altogether if they feel it is being misused.

* * *

### **3. Validator as Final Fallback**

If neither the token holder nor their chosen governor casts a vote, the **validator** may step in as the **final fallback** and exercise the vote.

This ensures that the network can still move forward on critical decisions, but without placing undue weight or influence on validators by default. In practice, **validators would likely vote only on technical matters** , such as upgrades, where their expertise is relevant and needed.

* * *

This multi-layered structure — direct voter \> delegated council \> validator fallback — creates a more **resilient, representative, and accountable governance system**. It recognizes that token holders have different levels of availability and expertise, and allows for flexible participation without centralizing control.

We’ve previously outlined this vision in our post on **governance councils and treasury modules** , which you can find here:  
🔗 [Ideation – Governance Councils & Treasury Modules](https://forum.cosmos.network/t/ideation-governance-councils-treasury-modules/8588)

This layered model doesn’t remove responsibility — it **distributes it more efficiently** , encourages specialization, and empowers the community to evolve governance participation over time.

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<div class="post-metadata">

**Author:** ![kov0x](https://avatars.discourse-cdn.com/v4/letter/k/a88e57/32.png) [@kov0x](https://forum.cosmos.network/u/kov0x)\
**Post date:** [May 16, 2025, 6:04pm UTC](https://forum.cosmos.network/t/discussion-top-20-validators-validators-votes/15524/6 "2025-05-16T18:04:58Z")

</div>

I also think the direct votes should override validators’ vote.

Appreciate validators casting ‘abstain’ votes on topic influencing on their revenue or other topics where their votes can have a bias.

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<div class="post-metadata">

**Author:** ![FHZ](https://yyz1.discourse-cdn.com/flex031/user_avatar/forum.cosmos.network/fhz/32/7351_2.png) [@FHZ](https://forum.cosmos.network/u/FHZ)\
**Post date:** [May 17, 2025, 1:07pm UTC](https://forum.cosmos.network/t/discussion-top-20-validators-validators-votes/15524/7 "2025-05-17T13:07:16Z")

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## Firstly, thank you all for sharing your time/valuable input here.

* * *

> [@waqarmmirza](#):
>
> I have made my peace with the idea after Atom One forked.

Understandable.

> [@StunZeed](#):
>
> What’s wrong with copying something that another chain is doing and it’s beneficial?

Agreed, especially if the model chain specializes in governance issues, specifically.

> [@Quentin](#):
>
> The priority should be to establish a clear territory and a solid use case. But I can assure you that when the time comes, I’ll be the first to bring these ideas back.

Respect the drive to be first. May the Cosmos Hub prosper.

> [@Govmos](#):
>
> it failed to catch the community’s interest so far.

Your teams work and tonal posture is highly appreciated. Keep up the great work (+everyone here)

> [@Govmos](#):
>
> The default and most desirable outcome:  
> **The token holder votes directly.**

> [@Govmos](#):
>
> - token holder retains ultimate control and **can override any vote** cast on their behalf **at any time before the voting period ends**.
> - They can also **revoke the delegation** altogether if they feel it is being misused.

Agreed.

> [@Govmos](#):
>
> the **validator** may step in as the **final fallback** and exercise the vote.

Disagree here. Validators primary role is securing the network. Delegators/Stakers, not idle holders without stake, should be expected to vote. All of this could easily support why we should keep the current 14 day voting period (minus the expedited voting proposed change).

**Separate delegation/voting weight.**

> [@kov0x](#):
>
> Appreciate validators casting ‘abstain’ votes on topic influencing on their revenue or other topics where their votes can have a bias.

Agreed, but..

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<div class="post-metadata">

**Author:** ![FHZ](https://yyz1.discourse-cdn.com/flex031/user_avatar/forum.cosmos.network/fhz/32/7351_2.png) [@FHZ](https://forum.cosmos.network/u/FHZ)\
**Post date:** [May 19, 2025, 12:22pm UTC](https://forum.cosmos.network/t/discussion-top-20-validators-validators-votes/15524/8 "2025-05-19T12:22:59Z")

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## **[Correction]**

RE CP weight. **It is roughly equivalent to rank #5.**

* * *

Thank you, Govmos, for sharing this valuable thread “Ideation - Governance…” and the work you, and your team, provide.

Some key points (that personally stood out):

> [@IDEATION : Governance Councils & Treasury Modules](https://forum.cosmos.network/t/ideation-governance-councils-treasury-modules/8588/20):
>
> Validators start off with to much power. making their voting power flat self-stake would make everyone equal.

Response:

> [@IDEATION : Governance Councils & Treasury Modules](https://forum.cosmos.network/t/ideation-governance-councils-treasury-modules/8588/24):
>
> but our model doesn’t want to crush validator power, just rebalance. We think that this will mostly happend with the LSM (liquid staking module) if we improve it by adding a “Vote Transport” function that moves the vote along with the liquid staked representation.

Response:

> [@IDEATION : Governance Councils & Treasury Modules](https://forum.cosmos.network/t/ideation-governance-councils-treasury-modules/8588/28):
>
> that removes the necessity for those with the most power to have the most skin in the game.

> [@IDEATION : Governance Councils & Treasury Modules](https://forum.cosmos.network/t/ideation-governance-councils-treasury-modules/8588/28):
>
> after separating security and gov, what stops the councils from voting to pay themselves the treasury, and minting 40 million more atom?

Not sure how to feel about your ideation being based off of XRP(?). Have not explored their ecosystem to have an opinion, but I digress.

* * *

**There is a _clear_, significant difference in:**

- amount bonded VS.
- **self stake** VS.
- LSM stake

from our Hub validators.

How often are we seeing:

> [@kov0x](#):
>
> validators casting ‘abstain’ votes on topic influencing on their revenue or other topics

versus seeing (referencing @Tagu’s post: " [Validators.. The Cancer of Cosmos?](https://forum.cosmos.network/t/validators-the-cancer-of-cosmos/15112)")

> [@Validators.. The Cancer of Cosmos?](https://forum.cosmos.network/t/validators-the-cancer-of-cosmos/15112/1):
>
> pushing proposals to: extract value, set a minimum commission, receive incentives for themselves, allocate money to their friends and redirect the rewards of holders to the community pool to extract more money.

Unless there is misunderstanding here, liquid staking should not be utilized as a means to redistribute, wrt voting:

> [@Govmos](#):
>
> 1. Validator as Final Fallback

* * *

## Remaining Question(s):

1. With the tax back to 2%, what is stopping top validators from:  
a) forming new extensions of validators **simply to help reach quorum** RE voting  
b) COI’s ( **conflicts of interest** ) when Validators, with affiliates, RE voting

## Solution (?):

1. **Validators** voting power = **self stake.**

---

<div class="post-metadata">

**Author:** ![kov0x](https://avatars.discourse-cdn.com/v4/letter/k/a88e57/32.png) [@kov0x](https://forum.cosmos.network/u/kov0x)\
**Post date:** [May 19, 2025, 12:50pm UTC](https://forum.cosmos.network/t/discussion-top-20-validators-validators-votes/15524/9 "2025-05-19T12:50:09Z")

</div>

> [@FHZ](#):
>
> **Validators** voting power = **self stake.**

Considering the usual very low participation to online governance, don’t you think many proposals will not even reach Quorum with this kind of rule?

I like the idea and it totally makes sense but self stake voting power is no different from a delegated voting power where the staker doesn’t vote. That why I think :

- no one can overrule validators’ self stake voting power
- validators can cast ‘abstain’ votes to emphacise on unbiased position towards the subject; when they do, delegators’ vote overrule their ‘abstain’ vote
- validators can votes with full voting power (including delegated votes); however, if delegators decide to cast votes on a subject where their validator already has experessed their opinion, votes from delegators _ **should** _ overrule those from validators

This would allow delegators to express their opinion in a much mode direct democracy on any subject. For now, this voting power is being delegated and can’t be overruled unless validator decides to ‘abstain’ voting.

---

<div class="post-metadata">

**Author:** ![Govmos](https://yyz1.discourse-cdn.com/flex031/user_avatar/forum.cosmos.network/govmos/32/5806_2.png) [@Govmos](https://forum.cosmos.network/u/Govmos)\
**Post date:** [May 19, 2025, 2:05pm UTC](https://forum.cosmos.network/t/discussion-top-20-validators-validators-votes/15524/10 "2025-05-19T14:05:36Z")

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> [@FHZ](#):
>
> **Validators** voting power = **self stake.**

While relying exclusively on self-bonded stake to define voting power may be too rigid a solution, we believe you’ve touched on a compelling idea. At Govmos, we find it particularly elegant to consider **incorporating self-delegation into the vote inheritance model**.

Rather than applying it as an absolute rule, we would suggest a **more nuanced, relative approach** —potentially using self-bonded stake as a **cap** on the voting power a validator can inherit. This would mirror the logic used in the Liquid Staking Module (LSM), where validator-linked shares are bounded by self-bond levels.

We’d be especially interested to hear @Noam’s thoughts on the technical feasibility of implementing such a mechanism.

---

<div class="post-metadata">

**Author:** ![FHZ](https://yyz1.discourse-cdn.com/flex031/user_avatar/forum.cosmos.network/fhz/32/7351_2.png) [@FHZ](https://forum.cosmos.network/u/FHZ)\
**Post date:** [May 20, 2025, 12:10pm UTC](https://forum.cosmos.network/t/discussion-top-20-validators-validators-votes/15524/11 "2025-05-20T12:10:38Z")

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> [@kov0x](#):
>
> don’t you think many proposals will not even reach Quorum with this kind of rule?

Good question and unsure the answer.

How is the quorum, in this proof-of-stake system, calculated exactly? If, **within the current, low participation environment,** Hub Validators were _completely_ decoupled from delegators voting weight, **would we still be reaching quorum?**

> [@kov0x](#):
>
> this voting power is being delegated and can’t be overruled unless validator decides to ‘abstain’ voting.

Was not aware of this. **Unless** a validator _specifically_ votes **‘abstain,’** delegators casted vote are overruled, **regardless?**

> [@Govmos](#):
>
> **consider incorporating self-delegation into the vote inheritance model**.

Absolutely.

> [@Govmos](#):
>
> potentially using self-bonded stake as a **cap** on the voting power a validator can inherit.

Interesting and good suggestion, especially when personally against relying on LSM, **completely.**

_Reminder:_ **Prop993.** DROP now has “indirect” say RE Hub governance, through Neutron. **Why?** If DROP were to experience a bug, or their system goes down, those remaining silent on this matter, are not only saying they are fine with valueless derivatives in our CP, but having DROP keep Hub voting influence?

> [@Govmos](#):
>
> interested to hear @Noam’s thoughts on the technical feasibility

Agreed.

* * *

We may need this more rigid solution, especially when the Cosmos Hub is without a global Validator commission rate as well. All the while, we see quite a few **top Validators** , with little **self-stake** , inherit:

- voting
- “security,”
- and quite frankly, Hub governance, through their delegators.

---

<div class="post-metadata">

**Author:** ![Quentin](https://yyz1.discourse-cdn.com/flex031/user_avatar/forum.cosmos.network/quentin/32/7987_2.png) [@Quentin](https://forum.cosmos.network/u/Quentin)\
**Post date:** [May 20, 2025, 3:41pm UTC](https://forum.cosmos.network/t/discussion-top-20-validators-validators-votes/15524/12 "2025-05-20T15:41:00Z")

</div>

I think it’s a good idea to base the voting power on self bond, but you still need to set an asymptote (for example, a 5% cap on voting power), because otherwise you end up with voting power becoming centralized on centralized exchanges, which are mostly self bonded.  
On the other hand, the issue you’ll face if you try to cap voting power in any way is that you might end up with the same validators appearing multiple times under different identities to bypass the cap. It’s tricky, and this would require regulating validators by prohibiting them from duplicating their nodes, with heavy slashing penalties enforced by governance, assuming good faith.

---

<div class="post-metadata">

**Author:** ![Govmos](https://yyz1.discourse-cdn.com/flex031/user_avatar/forum.cosmos.network/govmos/32/5806_2.png) [@Govmos](https://forum.cosmos.network/u/Govmos)\
**Post date:** [May 20, 2025, 4:46pm UTC](https://forum.cosmos.network/t/discussion-top-20-validators-validators-votes/15524/13 "2025-05-20T16:46:17Z")

</div>

These are all absolutely valid points and we are 100% aligned with them.

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<div class="post-metadata">

**Author:** ![FHZ](https://yyz1.discourse-cdn.com/flex031/user_avatar/forum.cosmos.network/fhz/32/7351_2.png) [@FHZ](https://forum.cosmos.network/u/FHZ)\
**Post date:** [May 22, 2025, 1:22pm UTC](https://forum.cosmos.network/t/discussion-top-20-validators-validators-votes/15524/14 "2025-05-22T13:22:46Z")

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> [@Quentin](#):
>
> if you try to cap voting power in any way is that you might end up with the same validators appearing multiple times under different identities to bypass the cap.

What are **COI** ’s and **do they matter**? Like Govmos said, valid points made.

Curious to hear more thoughts on this topic.

---

<div class="post-metadata">

**Author:** ![FHZ](https://yyz1.discourse-cdn.com/flex031/user_avatar/forum.cosmos.network/fhz/32/7351_2.png) [@FHZ](https://forum.cosmos.network/u/FHZ)\
**Post date:** [May 31, 2025, 11:58am UTC](https://forum.cosmos.network/t/discussion-top-20-validators-validators-votes/15524/15 "2025-05-31T11:58:18Z")

</div>

> [@Quentin](#):
>
> 5% cap on voting power

Great suggestion/start.

> [@Quentin](#):
>
> the same validators appearing multiple times under different identities to bypass the cap.

and ensuring proposals are approved(?)

> [@kov0x](#):
>
> For now, this voting power is being delegated and can’t be overruled unless validator decides to ‘abstain’ voting.

This is not an issue for the broader Cosmos Hub?

---

<div class="post-metadata">

**Author:** ![Quentin](https://yyz1.discourse-cdn.com/flex031/user_avatar/forum.cosmos.network/quentin/32/7987_2.png) [@Quentin](https://forum.cosmos.network/u/Quentin)\
**Post date:** [June 3, 2025, 8:35pm UTC](https://forum.cosmos.network/t/discussion-top-20-validators-validators-votes/15524/16 "2025-06-03T20:35:36Z")

</div>

> [@FHZ](#):
>
> and ensuring proposals are approved(?)

A validator operating multiple nodes would already gain a significant advantage over others, regardless of how many millions the other validators have in staking, since their voting power would be capped.

An actor that centralizes enough voting power could unilaterally influence governance in several ways: by approving or rejecting proposals, or even by abstaining from voting in order to prevent quorum and effectively block decision-making, this tactic is even more relevant today as proposal durations are being shortened. Another potential threat is the initiation of malicious proposals with significant support from fraudulent validators.

Additionally, if the largest validators lose a significant portion of their voting power due to caps, smaller validators could gain relatively more influence. This shift could incentivize attempts to bribe or acquire lowertier validators, whose voting power would become more valuable in comparison.

Of course, these are just hypotheses, but we should carefully weigh the pros and cons of such a mechanism. This is a complex and delicate reform. While it could lead to a more equitable distribution of voting power, it could also introduce new and serious risks that need to be considered thoroughly.

> [@FHZ](#):
>
> ## Solution (?):
> 
> 1. **Validators** voting power = **self stake.**

Another potential solution as you mentioned would be to remove the validators voting power, which would largely resolve the issue of vote concentration. However, this would require an alternative mechanism to compensate for the generally low participation from stakers.

One idea could be to establish a representative system, with delegates elected separately by validators and by stakers. These representatives would be responsible for voting on most matters, while certain key decisions could still go through direct governance by stakers, ideally with longer proposal durations.

This direct governance path could be reserved for highly significant matters, such as the election of representatives or major economic operations like the ongoing acquisition discussion involving Stargaze.

---

<div class="post-metadata">

**Author:** ![FHZ](https://yyz1.discourse-cdn.com/flex031/user_avatar/forum.cosmos.network/fhz/32/7351_2.png) [@FHZ](https://forum.cosmos.network/u/FHZ)\
**Post date:** [June 19, 2025, 9:10am UTC](https://forum.cosmos.network/t/discussion-top-20-validators-validators-votes/15524/17 "2025-06-19T09:10:23Z")

</div>

> [@Govmos](#):
>
> These representatives, or “governors,” would ideally be subject-matter specialists, selected by the token holder to reflect their values or interests.

May be worth implementing this inspired suggestion made by Govmos’ (thank you), with the caveat of removing, _Validator’s as a “final fallback.”_

> [@Quentin](#):
>
> this tactic is even more relevant today as proposal durations are being shortened.

We should be encouraging members (delegators/stakers) to stay active and vote, while completely separating voting weight from centralizing validator groups/committee’s.

* * *

> [@Quentin](#):
>
> we should carefully weigh the pros and cons of such a mechanism.

Are we surprised more Validator’s are not engaging with this topic? Is it due to COI’s?

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<div class="post-metadata">

**Author:** ![system](https://canada1.discourse-cdn.com/flex031/uploads/cosmos1/original/2X/2/2a3beb3e0f97ddad3b51a8d0d4a22abaa95604d8.png) [@system](https://forum.cosmos.network/u/system)\
**Post date:** [August 18, 2025, 9:10am UTC](https://forum.cosmos.network/t/discussion-top-20-validators-validators-votes/15524/18 "2025-08-18T09:10:35Z")

</div>

Closed on August 18, 2025, 9:10am UTC

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