The latest Axelar proposal to increase the Minimum Deposit has passed, with the new amount sitting at 2,000 AXL after 60% voted
07 Feb 2023, 20:26
The latest Axelar proposal to increase the Minimum Deposit has passed, with the new amount sitting at 2,000 AXL after 60% voted in favour:
The former threshold of 100 AXL was deemed to be too low and attracted numerous spam proposals that we saw over the past weeks. Discussion and voting were held on Axelar's community forum- you can see the results of the poll and all feedback we received here:
Moving forwards, governance discussions will take place on this community forum and we encourage everyone to get involved!