# December 2024: Governance Update Proposals {% hint style="success" %} These proposals were successful and applied to Chiliz Chain on December 5th, 2024. {% endhint %} Welcome, Chiliz Chain community! As you know, we thrive to always improve the Chiliz Chain ecosystem. That is why we present you today with four new governance proposals. We encourage you to review each proposal with care. Your active participation is crucial in shaping the future of our network. ## Purpose of the Proposals The following proposals aim to further decentralize the chain by increasing the active set of block producing validators while also introducing a new validator to be approved by the rest of the validators. Besides this, we introduce some changes in the length of the jailing and unstaking periods. Read our blog article about it: {% embed url="" %} Validators can vote right now on the Chiliz Chain Governance dApp: {% embed url="" %} Click to access the Chiliz Chain Governance dApp {% endembed %} ### Benefits of these proposals * **Enhanced Liquidity:** Shortening the cooldown period empowers stakers with faster access to their funds. * **Improved Validator Participation:** Reducing the jail period allows validators to resume operations sooner, supporting network stability. * **Increased Decentralization:** Adding a new validator and increasing the maximum number of validators strengthen the network's resilience and security. ## Proposal descriptions ### Proposal 1: Reduce Unstake Cooldown Period Decreases the cooldown period from **7 epochs to 2 epochs**, allowing stakers to unstake their funds sooner. This way, stakers can access their funds more quickly after unstaking, enhancing liquidity and flexibility for participants. | **Proposal ID** | 73550656206756790885481228442515624002030774790386811177867165873543978825225 | | -------------------------- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------- | | **Voting period (blocks)** |

18,666,267 -> 18,893,067
Deadline: Thursday, December 5th, 2024 at roughly 8:00–11:00 AM CET

| | **Proposer Address** | [0xf299AfC34ec0B9dCAF868914288d735149d6306f](https://chiliscan.com/address/0xf299AfC34ec0B9dCAF868914288d735149d6306f) | | **Transaction Hash** | [0xcda893f0802cb9020d7d0497dcbdb0a933eb37ffb136612e990cfe29bc2dae11](https://chiliscan.com/tx/0xcda893f0802cb9020d7d0497dcbdb0a933eb37ffb136612e990cfe29bc2dae11) | | **Block Hash** | [0xfe87eb1fe9e18d34c4439106938fb8772d8f69f50ef816447ff90a08b5db58f4](https://chiliscan.com/block/0xfe87eb1fe9e18d34c4439106938fb8772d8f69f50ef816447ff90a08b5db58f4) | #### Voting result for Proposal 1 > For: 79% - Against: 0% The Chiliz team applied the decision accordingly on December 5th, 2024. ### Proposal 2: Reduce Unjail Period Decreases the jail period for slashed validators from **7 epochs to 4 epochs**. This way, slashed validators can rejoin the network sooner, maintaining a robust and active validator set. | **Proposal ID** | 44556333106659027840758315596101544843065895155780220754758217349597836316572 | | -------------------------- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------- | | **Voting period (blocks)** |

18,666,388 -> 18,893,188
Deadline: Thursday, December 5th, 2024 at roughly 8:00–11:00 AM CET

| | **Proposer Address** | [0xf299AfC34ec0B9dCAF868914288d735149d6306f](https://chiliscan.com/address/0xf299AfC34ec0B9dCAF868914288d735149d6306f) | | **Transaction Hash** | [0xdb47d05ac47a8c14264df4a5ba564d4835a4105587c65bfb2abf97bb6ee62d29](https://chiliscan.com/tx/0xdb47d05ac47a8c14264df4a5ba564d4835a4105587c65bfb2abf97bb6ee62d29) | | **Block Hash** | [0xdf84daf528def73e6fd2343e08b128ad46210edd93e975972c8b0fde94d4fc9d](https://chiliscan.com/block/0xdf84daf528def73e6fd2343e08b128ad46210edd93e975972c8b0fde94d4fc9d) | #### Voting result for Proposal 2 > For: 79% - Against: 0% The Chiliz team applied the decision accordingly on December 5th, 2024. ### Proposal 3: Activate Validator #12 Adds a validator. By having more validators, we enhance the decentralization and network security of Chiliz Chain. | **Proposal ID** | 97873233559471420596459359014336920070430443785324445967327873836631515244722 | | -------------------------- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------- | | **Voting period (blocks)** |

18,666,630 -> 18,893,430
Deadline: Thursday, December 5th, 2024 at roughly 8:00–11:00 AM CET

| | **Proposer Address** | [0xf299AfC34ec0B9dCAF868914288d735149d6306f](https://chiliscan.com/address/0xf299AfC34ec0B9dCAF868914288d735149d6306f) | | **Transaction Hash** | [0xa75e742b9e81d05530053c2f4114cce03b3ca14789a38a0854a2025a6f77d05c](https://chiliscan.com/tx/0xa75e742b9e81d05530053c2f4114cce03b3ca14789a38a0854a2025a6f77d05c) | | **Block Hash** | [0x2070a860f935e8212e284cb6bd1ab50f64cd39569901f42a1b5c9e112160e2e9](https://chiliscan.com/block/0x2070a860f935e8212e284cb6bd1ab50f64cd39569901f42a1b5c9e112160e2e9) | #### Voting result for Proposal 4 > For: 79% - Against: 0% The Chiliz team applied the decision accordingly on December 5th, 2024. ### Proposal 4: Increasing the number of main active validators Increases the maximum number of main validators from **11 to 12**. Expanding the validator set allows for greater participation and further decentralizes the network.\ It also updates the jailing threshold to reflect the slashing thresholds for 12 validators instead of 11: this way, the [validator penalty mechanisms](/learn/about-validators/about-validator-slashing.md) are still fair & balanced for all validators. | **Proposal ID** | 44034038734325640228363757057494618496018834019144107410335314583491314357436 | | -------------------------- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------- | | **Voting period (blocks)** |

18,668,236 -> 18,890,236
Deadline: Thursday, December 5th, 2024 at roughly 8:00–11:00 AM CET

| | **Proposer Address** | [0xf299AfC34ec0B9dCAF868914288d735149d6306f](https://chiliscan.com/address/0xf299AfC34ec0B9dCAF868914288d735149d6306f) | | **Transaction Hash** | [0x5456b8f625b69a99c95b6b1eb9dda28e1e2b9893067f6def0e6f7ccf01cb772e](https://chiliscan.com/tx/0x5456b8f625b69a99c95b6b1eb9dda28e1e2b9893067f6def0e6f7ccf01cb772e) | | **Block Hash** | [0xd7f5eb478b1bc41913300145a433eac8f09c1f1ef7172901ef253abbe30c0d3d](https://chiliscan.com/block/0xd7f5eb478b1bc41913300145a433eac8f09c1f1ef7172901ef253abbe30c0d3d) | #### Voting result for Proposal 4 > For: 79% - Against: 0% The Chiliz team applied the decision accordingly on December 5th, 2024. ## Deadline for Voting Validators should vote before **Thursday, December 5th, 2024, around 8:00–11:00 AM CET**. You can get all the details on each proposal on the Chiliz Chain Governance dApp: {% embed url="" %} Validators participation is essential to ensure that these proposals are evaluated and implemented effectively, for the sake of the improvement of Chiliz Chain. Thank you! --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.chiliz.com/chiliz-chain-changelog/governance-proposals-and-decisions/december-2024-governance-update-proposals.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.