Staked OSMO holders are eligible to vote on governance proposals. When a user bonds OSMO to a validator to receive staking rewards and in turn obtain voting power. Validators never have ownership of the bonded OSMO. Delegating, bonding, and staking generally refer to the same process.

\n Governance is identified as a critical piece of the Osmosis ecosystem by their team, citing that the rate at which Osmosis will be adding new features will rely on the active participation of the community in passing protocol upgrades. In this spirit, Osmosis is self‐described as being "designed such that the most efficient solution is reachable through the process of experimentation and rapid iteration by leveraging the wisdom of the crowd."

Any OSMO holder can participate directly in Osmosis governance via the Osmosis app or CLI, and any OSMO holder may submit a new governance proposal by submitting a small deposit which functions to prevent spam. Delegators inherit the vote of the validator they are delegated to unless the delegator actively submits a vote themselves, which overrides their inherited vote.()

The voting period is currently a fixed 14-day period. During the voting period, participants may select a vote of either 'Yes', 'No', 'Abstain', or 'NoWithVeto'. Voters may change their vote at any time before the voting period ends.

The Cosmos Hub ("Gaia") has an on-chain governance mechanism for passing text proposals, changing consensus parameters, and spending funds from the community pool. This repository provides background information on these different kinds of proposals and best-practices for drafting them and proposing them on-chain.

The Cosmos ecosystem emphasizes governance mechanisms in order to achieve the vision of an ecosystem of interoperable blockchains supported by interchain infrastructure and services on the Cosmos Hub and beyond. The intent is that Cosmos Hub is operated by the community of code development teams supported by the Interchain Foundation, validators and ATOM token holders as a form of distributed organization.

The Proposal Process: Two Periods

#1. Deposit Period(Deposits, Burned deposits(Deposits are burned only when proposals are vetoed i.e. 33.4% of voting power backing the 'NoWithVeto' option))

2. Voting Period

The voting period is currently a fixed 14-day period. During the voting period, participants may select a vote of either 'Yes', 'No', 'Abstain', or 'NoWithVeto'. Voters may change their vote at any time before the voting period ends.

Voting power is determined by stake weight at the end of the 14-day voting period and is proportional to the number of total ATOMs participating in the vote. Only bonded ATOMs count towards the voting power for a governance proposal. Liquid ATOMs will not count toward a vote or quorum.

Inactive validators can cast a vote, but their voting power (including the backing of their delegators) will not count toward the vote if they are not in the active set when the voting period ends. That means that if I delegate to a validator that is either jailed, tombstoned, or ranked lower than 125 in stake-backing at the time that the voting period ends, my stake-weight will not count in the vote.()

In Terra, After a proposal is submitted, it enters the deposit period, where it must reach a total minimum deposit of 512 Luna within 7 days from the time of its submission. The deposit threshold is reached when the sum of the initial deposit (from the proposer) and the deposits from all other interested network participants meet or exceed 512 Luna.

Delegators vote using their staked Luna. One staked Luna equals one vote.

If a delegator does not specify a vote with their staked Luna, their vote defaults to the vote cast by the validator their Luna is staked to. Delegators can override a validator's vote at any time during the voting period by voting with their staked Luna.

Osmosis

How active and engaged are users?

How many unique voters are there?

How is voting power distributed?

Cosmosis

How active and engaged are users?

How many unique voters are there?

How is voting power distributed?

April 2022, was the month that the highest count of votes, voters and voting power was submitted. But after that month, all of these parameters decreased. During last months of 2022, there was an improvement in these parameters.

From the first proposal until proposal 208, participations improved, but from proposal 208, participations decreased sharply.

Main participants in votings belonged to non validators.

The highest participation of validators was in proposal 303.

In total, more that 209 K distinct non validator addresses and 243 validator addresses, participated in votings.

Voting power decreased sharply from April 22nd.

Participation in Cosmos proposals was very volatile during time, but the highest count of participations was on Oct 31st 2022. Nov, May and March were the next months with high participants.

From the first proposal until proposal 69, participations improved, but from proposal 69, participations decreased sharply. There was a spike in participants for proposal 82.

Main participants in votings belonged to non validators.

The highest participation of validators was in proposal 69.

In total, more that 1 M distinct non validator addresses and 2500 validator addresses, participated in votings.

Terra

How active and engaged are users?

How many unique voters are there?

How is voting power distributed?

June 2022, was the month that the highest count of votes and voters were submitted.

After the first proposal, participations decreased, but there was spikes in the participations for proposals 870 and 986.

The highest participation of voters was in the first proposal.

In total, 3680 distinct addresses participated in votings. They submitted 11.58 K in total.

Voting power was very volatile during days, but its highest level was on July 30th. Proposals 870 and 986 had the highest voting powers.

Conclusion

Cosmos, Osmosis and Terra had the highest count of distinct votes and voters, respectively.

In average, each voter in Terra and Osmosis, participated in more proposals.

Voters in Cosmos, Osmosis and Terra had the highest voting powers, respectively.

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