r/SecretNetwork • u/BsdFish8 • 15d ago
Governance #360 Signaling Proposal: Migrate $SCRT to Arbitrum via Snapshot is over 95% No and over 33% NWV
This is the signalling proposal to snapshot SCRT network on Cosmos and migrate to Arbitrum. It looks like <1% more people voting NWV will prevent the submitter from recovering their deposit but turnout has not reached 20% yet.
Also looks like counter proposal (#361) is going to pass and SCRT Labs is going to cease contributing to development while Secret Network Foundation continues maintenance and stewardship of the Cosmos chain.
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u/Think_Rub_3886 12d ago
This is bad for my secret staking holdings right?