← Back to Gearbox
Gearbox · closed proposal
[GIP-104] Reducing the primary timelock delay
Voters
44
GEAR voted
367.36M
Token price
—
AI summary
Summary pending — generation runs every 15 minutes.
Voting results
Quorum
367.36M / 200.00M GEAR(184%)
✓ Quorum met
Approve292.79M (79.7%)
Reject74.57M (20.3%)
367.36M GEAR · 44 votersblock 19473870
🐳 Whale votes
0 votes > 5% VPNo whale votes on this proposal.
Full proposal
Original markdown · Gearbox
Motivation
Currently, the timelock delay is 48 hours, which, while it provides a significant time for users to react if something would go wrong, introduces a lot of friction into the deployment process as the Gearbox DAO starts to ramp up the speed of delivering new strategies and collateral assets.
The gauge epoch change at 1PM CET on Monday necessitates that all transactions and voting be done Saturday morning at the latest, otherwise any new assets will not make it into the new epoch and will only be enabled a week later. This means that a proposal that starts on Monday or Tuesday usua…
📚 Similar past proposals
Finding similar proposals…