HAQQ
HAQQ
#31
Software upgrade

HAQQ Mainnet v1.7.4 Upgrade

Info

Total deposit
6,000 ISLM
Description

This proposal contains a software upgrade which affects vesting schedules of accounts with unlock schedules concluding in 2026 and later. Furthermore, this upgrade enables packet-forward-middlewares (PFM: https://github.com/cosmos/ibc-apps/tree/8e64543/middleware/packet-forward-middleware#packet-forward-middleware) – it enables better user experience for IBC transfers and inter-chain communication in general.

In event of proposal execution, all accounts with currently vested ISLM for which the full unlock date is after 1 Jan 2026 will have an extended vesting schedule – it will be extended by 1095 days (3 years).
Most of such accounts originally have 2 year vesting schedule which, in event of proposal execution, will be extended to 5 years.
Several strategic partners who originally have 5 years unlock schedule, will be updated to 8 years.
The total amount of tokens will not change, only the unlock schedule of currently locked tokens.

Upgrade plan

{
  "name": "v1.7.4",
  "time": "Mon, 01 Jan 0001 00:00:00 GMT",
  "height": 10881000,
  "upgraded_client_state": null,
  "info": {
    "binaries": {
      "darwin/arm64": "https://github.com/haqq-network/haqq/releases/download/v1.7.4/haqq_1.7.4_darwin_arm64.tar.gz?checksum=86281b80f97e6e0ff82088d6d02ce033894bfbc848052551dd6a29d952c29530",
      "darwin/x86_64": "https://github.com/haqq-network/haqq/releases/download/v1.7.4/haqq_1.7.4_darwin_amd64.tar.gz?checksum=20acb8530c8a47d8cc2b23f3361d0787b81ee9c399e0c5e65207d8a7063af9da",
      "linux/arm64": "https://github.com/haqq-network/haqq/releases/download/v1.7.4/haqq_1.7.4_linux_arm64.tar.gz?checksum=66f4c9bd442a0091c6dc06a205494620ab12f7b9daa84ad6baa7691109f1be39",
      "linux/amd64": "https://github.com/haqq-network/haqq/releases/download/v1.7.4/haqq_1.7.4_linux_amd64.tar.gz?checksum=c096caf6b390a9049d0ff8cc6f74f2323cad085e43aa868254983d45d0c8a8e1",
      "linux/x86_64": "https://github.com/haqq-network/haqq/releases/download/v1.7.4/haqq_1.7.4_linux_amd64.tar.gz?checksum=c096caf6b390a9049d0ff8cc6f74f2323cad085e43aa868254983d45d0c8a8e1"
    }
  }
}