PIP-150: Paloma Expedited Vote Parameter Updates for 6-Hour Expedited Votes

Governance
1

PIP Name: PIP-150: Paloma Expedited Vote Parameter Updates for 6-Hour Expedited Votes

Status: Proposed

Author(s): @BoweryKing

Type: Parameter Change

Discussions-to: Governance - Paloma

Created: 07/11/25

Simple Summary

Update of the Paloma Chain governance parameters to support expedited votes by depositing at least 10,000,000 GRAIN to speed up Paloma upgrades.

Motivation

The current governance parameters use the default expedited_min_deposit denom of stake, which is not implemented on Paloma. This update overrides the parameter in question to support running expedited votes by depositing at least 10,000,000 GRAIN.

Technical Specification

New Parameter settings:

"min_deposit": [
  {
    "denom": "ugrain",
    "amount": "10000000"
  }
],
"max_deposit_period": "48h0m0s",
"voting_period": "48h0m0s",
"quorum": "0.334000000000000000",
"threshold": "0.500000000000000000",
"veto_threshold": "0.334000000000000000",
"min_initial_deposit_ratio": "0.000000000000000000",
"proposal_cancel_ratio": "0.500000000000000000",
"expedited_voting_period": "6h0m0s",
"expedited_threshold": "0.667000000000000000",
"expedited_min_deposit": [
  {
    "denom": "ugrain",
    "amount": "10000000000000"
  }
],
"burn_vote_veto": true,
"min_deposit_ratio": "0.010000000000000000"

How to submit the proposal

Run the following governance command

palomad tx gov submit-proposal pip150.json \
--from <Paloma Address> \
--gas auto \
--fees 1000ugrain

with the following pip150.json

{
 "messages": [
  {
   "@type": "/cosmos.gov.v1.MsgUpdateParams",
   "authority": "paloma10d07y265gmmuvt4z0w9aw880jnsr700jz87xyk",
   "params": {
	   "min_deposit": [
	      {
	        "denom": "ugrain",
	        "amount": "10000000"
	      }
	    ],
	    "max_deposit_period": "48h0m0s",
	    "voting_period": "48h0m0s",
	    "quorum": "0.334000000000000000",
	    "threshold": "0.500000000000000000",
	    "veto_threshold": "0.334000000000000000",
	    "min_initial_deposit_ratio": "0.000000000000000000",
	    "proposal_cancel_ratio": "0.500000000000000000",
	    "expedited_voting_period": "6h0m0s",
	    "expedited_threshold": "0.667000000000000000",
	    "expedited_min_deposit": [
	      {
	        "denom": "ugrain",
	        "amount": "10000000000000"
	      }
	    ],
	    "burn_vote_veto": true,
	    "min_deposit_ratio": "0.010000000000000000"
   }
  }
 ],
 "metadata": "ipfs://CID",
 "deposit": "10000000ugrain",
 "title": "**PIP-150: Paloma Expedited Vote Parameter Updates for 6-Hour Expedited Votes**",
 "summary": "Set the minimum deposit required to run an expedited proposal to 10,000,000 GRAIN",
 "expedited": false
}

How to Vote on the Proposal 213

palomad tx gov vote 213 yes \
--chain-id messenger \
--from=<Paloma Address> \
--fees 400ugrain \
-b block
-y

How to Vote on Proposal 213 with Paloma LightNodes

# Mac & Linux
sh ~/Downloads/setup.sh vote-proposal 211 yes

# **Windows**
docker run --rm --pull=always -ti -v $env:USERPROFILE\\paloma-lightnode:/root/lightnode palomachain/lightnode-client:v2 vote-proposal 211 yes

Rationale

The new governance parameters will allow to run an expedited deposit by depositing a minimum amount of 10,000,000 GRAIN to speed up emergency votes.

About Paloma

Paloma Protocol is a Cosmos-SDK blockchain protocol custom-built for automated cross-chain communications that allows permissionless controls of any contract on any chain. Built by Volume, Paloma delivers the world’s first intelligently scheduled and automated smart contract transaction execution for the Cosmos ecosystem. The protocol enables developers to remotely control the transmission of value without the need to wrap, bridge tokens, or trust validators with their digital assets. Led by founding members of Sommelier, Paloma is building the primary communication automation layer of Web3.