Proposals

Proposals of the Republic of Liker Land recorded below:

Proposal 1

Validator Matters raised the 1st proposal on Feb 8, 2020, and gathered 1,000,000 LikeCoin delegation on March 3 as deposit. There are 3 changes in this proposal:

  1. To increase the number of active validators from 7 to 10.

  2. To make validators permissionless. i.e. anyone may set up a server to nominate her/him/themselves as a validator of the LikeCoin chain.

  3. To allow a range of commission rate between 40%-60%, set by a validator independently.

The proposal 100% passed on March 16.

Proposal 2

Proposal 2 was raised by NTUT's representative Ju-Chun Ko on June 17, 2020, consent to increasing the number of active validators from 10 to 25. The proposal 100% passed on July 8.

Proposal 3

Proposal 3 was raised by NTUT on July 10, 2020. This proposal is to make a decisive change to the node parameters according to Proposal 2, which is to update max validators number to 25. The proposal 100% passed on July 26.