Signaling Proposal: Migration IBC funds to Cosmos Hub
UX Chain proposal #222: **Umee** is undergoing a definitive shutdown of operations. As a result, IBC-token funds held in the escrow accounts of the IBC chann...
Yes
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No
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Abstain
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Original Proposal Text
**Umee** is undergoing a definitive shutdown of operations. As a result, IBC-token funds held in the escrow accounts of the IBC channels (e.g Axelar, Cosmos Hub, Noble, etc) will become permanently stranded once the chain stops producing blocks. This proposal asks Umee validators to approve the plan to recover these funds; the full details of the proposal can be found at the following link: https://gist.github.com/giansalex/ca822017e666f155830adb7c158338af Any additional details that need to be discussed or changed will be addressed in a Telegram channel, to which the validators will be added. > P.S.: The Disperze team implemented this solution on EVMOS https://x.com/Disperze_/status/2070957208947343433