Gov Proposal: increase IBC rate limits for NAM

Proposing, at the suggestion of @Daniel, to increase the IBC rate limits for the native token NAM.

The code for the WASM is here: namada-governance-upgrades/nam_ibc_rate_limits/src/lib.rs at e98f26d8fd4388449c9ec3b3a55b85d8d7944a43 · anoma/namada-governance-upgrades · GitHub. The proposal sets the mint limit and throughput limit to 1M NAM.

Please discuss! I will post the proposal ID when the transaction is on-chain.

5 Likes

Proposal is on-chain. Voting starts next epoch (140) and is intended to go for about 48 hours until Tuesday morning CET.

> namadac query-proposal --proposal-id 11 --node $RPC_TUDUDES

Last committed epoch: 139
Proposal Id: 11
Type: Default with Wasm
Author: tnam1qqgll8x8rz9fvtdv8q6n985za0vjvgyu0udxh7fp
Content: {"abstract": "Increase the IBC rate limits for the native token NAM", "details": "The mint limit and throughput limit are both set to 1M (1000000) NAM.", "discussions-to": "https://forum.namada.net/t/gov-proposal-increase-ibc-rate-limits-for-nam/1132", "title": "IBC rate limits for NAM"}
Start Epoch: 140
End Epoch: 164
Activation Epoch: 165
Status: pending
Data: Hash: 782A3E29E3DF50C3FC8D632EB8EA9D10BCEB8037404F9141351C0FDF00FB74F1

> sha256sum nam_ibc_rate_limits.wasm

782a3e29e3df50c3fc8d632eb8ea9d10bceb8037404f9141351c0fdf00fb74f1  nam_ibc_rate_limits.wasm
2 Likes

Great suggestion and we support it . :rocket:

2 Likes

anodeofzen confirms that the hash checks out:

782a3e29e3df50c3fc8d632eb8ea9d10bceb8037404f9141351c0fdf00fb74f1  nam_ibc_rate_limits.wasm
1 Like

We can also confirm that hashes are the same.

sha256sum nam_ibc_rate_limits.wasm
782a3e29e3df50c3fc8d632eb8ea9d10bceb8037404f9141351c0fdf00fb74f1  nam_ibc_rate_limits.wasm
1 Like