We’re in voting!
Thanks for your support, everyone
Some final logistics about the on-chain prop:
- We did a final adjustment to the ATOM estimates: $6.5 USD ATOM price for a total ask of 200k USDC and 86,538.46 ATOM (which includes the 25% returnable buffer).
- In block explorer UI, ATOM is denominated in whole ATOM (not
uatom
) but the IBC-wrapped USDC is denominated inuusdc
. Expect to see 200,000,000,000uusdc
on our prop, which is 200,000 USDC - The IPFS pin of the full text and forum comments does not include this comment.
We did several rounds of testing on this proposal because (we think) this is the first time a community spend proposal is requesting two different denoms from the community pool.
Here is the public result of a final successful pre-flight check we did this morning.
- Proposal 218 on the
provider
testnet proposed funding walletcosmos1ax7krw2ymq8upaxwce7df3xpalpp0jddm29fws
with 1,000 ibc/04FF59 and 1.5 ATOM. - This wallet was empty prior to being funded by the proposal.
- After passing, the wallet now contains 1,000 ibc/04FF59 and 1.5 ATOM.
In private tests, we also found an unexpected detail – the ordering of the denoms matters! Our tests failed when listing the denoms with ATOM first, then the IBC-wrapped denom.
Fortunately, a sorted list with the IBC-wrapped denom first and then the ATOM denom executed as expected