# \[PROPOSAL ###\] \[DRAFT\] Add Elys Network Consumer Chain

**URL:** <https://forum.cosmos.network/t/proposal-draft-add-elys-network-consumer-chain/13978>\
**Category:** Hub Proposals\
**Created:** [June 24, 2024, 7:42pm UTC](https://forum.cosmos.network/t/proposal-draft-add-elys-network-consumer-chain/13978 "2024-06-24T19:42:09Z")\
**Posts on this page:** 1\
**Showing post:** 7

<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:** [June 24, 2024, 9:23pm UTC](https://forum.cosmos.network/t/proposal-draft-add-elys-network-consumer-chain/13978/7 "2024-06-24T21:23:00Z")

</div>

We will be happy to support the chain and cast a YES. But we would definitely invite you to consider using the VotePowerCap at a much lower setting than the proposed 15% which will basically have absolutely no effect, as presented in the chart below:

 ![image](https://canada1.discourse-cdn.com/flex031/uploads/cosmos1/original/2X/b/bccafd7fdd648c4e7b70564e527a71bbdb5e2cfe.png)

* * *

_Note that the presented situation corresponds to the most favorable condition in which all the top validators (excluding exchanges) would decide to opt-in._

* * *

A more effective approach would be to set the cap somewhere around 3-4%. These are the relative effect it would have on the distribution:

 ![image](https://canada1.discourse-cdn.com/flex031/uploads/cosmos1/original/2X/e/e0785ab5521acd8b908bd97d9ee2f23a6c015d21.png)  
 ![image](https://canada1.discourse-cdn.com/flex031/uploads/cosmos1/original/2X/5/53ed57f0e04ab8f889b5439d582d4865952eee15.png)

More information about the VotePowerCap here: [ICS 2.0 Economics : Partial Set Security (PSS) Financial Model](https://forum.cosmos.network/t/ics-2-0-economics-partial-set-security-pss-financial-model/13956#h-4-the-vote-power-cap-15)

* * *

Thanks for reading, and on behalf of the PRO Delegator’s validator, we welcome you to the Atom Economic Zone!  
Govmos  
[![pro-delegators-sign](https://canada1.discourse-cdn.com/flex031/uploads/cosmos1/original/2X/3/3d138289b87945115dfe59a6604e139bf36aeb94.png)](https://forum.cosmos.network/t/pro-delegators-validator-profile/12956)

---

_[View the full topic](https://forum.cosmos.network/t/proposal-draft-add-elys-network-consumer-chain/13978)._
