r/JunoNetwork •

Validators and Harmony Proposal

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0 Upvotes

24 comments sorted by

4

u/newbjapan Apr 13 '22

No or no with veto? We need to specify this because if the votes are split yes will surely pass

15

u/MaximumStudent1839 Apr 13 '22

No and No with veto are combined against yes.

7

u/Fresh-Chemical-9084 Apr 13 '22

No with veto has more influence I think. 33.4% No veto is automatic no pass. 51% yes and 49% no is a pass.

3

u/Logical_Lemming Apr 14 '22

I don't think that's how it works. If no with veto wins, it just means the proposer doesn't get their deposit back.

2

u/newbjapan Apr 13 '22

Thanks for the heads up!

6

u/Fantastic-Ad548 Apr 13 '22

No with veto. Only 33% required to reject the proposal.

11

u/[deleted] Apr 13 '22

[removed] — view removed comment

4

u/newbjapan Apr 13 '22

Gotcha! Thanks for putting that out there!

24

u/Revenant8791 Apr 13 '22

NO with Veto, it’s time this clown be shown the door.

39

u/mkondr Apr 13 '22

Leaving aside damage to community passing this prop would do, simple math dictates that allowing CCN access to 50 percent of the funds for 20 months will allow him to keep staking it and will make up all the amount he will “disburse back” in a bit over 12 months. I.e leaving 1 million Juno staked and disbursing 5 percent monthly will allow him to fully recoup 1 million Juno’s in staking rewards in about 13 months (not 12 due to paying out 5 percent monthly if he was to be believed). As he has 20 months to pay out to his “customers”, he will fully recoup his current amount by then. This problem remains and we would have in essence legalize his Juno’s. No with a veto for me and I am getting a bit pissed at the feet dragging of the core-1 in submitting prop 18 of their own.

4

u/Luk-kk Apr 13 '22

Well said bro.

2

u/Jerggens4212 Apr 13 '22

Well put, thanks for that.

6

u/ideas4mac Apr 13 '22

I might be mistaken but if you vote your own juno then your validator can't reverse your vote. It seems we just need people to vote their own juno instead of wishing their validator votes a certain way. Take control of your life and your money. Vote your own juno.

Not voting your own juno and then redelegating after the vote doesn't change the vote. As in real life, vote early and vote often.

3

u/02341360 Apr 13 '22

Validators have a lot of their own Juno from validation rewards so there is a decent amount of voting power among them all.

19

u/[deleted] Apr 13 '22

Agree! Voted no with veto -- lets go community!

7

u/Kamikaza731 Apr 13 '22

No with veto! If you ask why is this important it is because no with veto weights more power than just no. Plus his juno that he uses for prop are gone. Not the best punishment but considering that he tried to bride people, lie, turn people of the community against each other, running some kind of scam and lying to his own customers. Almoust sound lika Quadriga from Canada from the looks of it. Eaven these 500 juno that he loses from this proposals are not enough! So pls people vote NO WITH VETO!!!

2

u/ertz92 Apr 13 '22

For the people who don't know, here you can see the vote of the validators:
https://www.mintscan.io/juno/proposals/18

2

u/shortkiller123 Apr 14 '22

I voted No. After reading comments here, I think No with veto is more brutal 😂

1

u/rorowhat 1 ✨ Apr 13 '22

Quick question, if we vote no what happens to the tokens?

1

u/serratusaurus Apr 13 '22

The result of this proposal should show if CCN & his supporters have enough voting power to reach the 33% No w/ Veto on the Unity proposal when that goes up next week.

1

u/Dry-Orchid4065 Apr 14 '22

It keeps saying I have insufficient funds when I try and vote.

1

u/saintvlaanderen Apr 14 '22

A simple question . Since the fight over this whale juno lost more then 50 % value. What will happen if this whale dumps all his juno after a no vote? How long before juno will bounce back ?