Unity Proposal\n\nThis proposal follows the Commonwealth discussion here.\n\nTL;DR:\n\n- CCN was ineligible for the Juno stakedrop\n- Prop 16 signalled the community wished to act and remove:\n - CCN's concentrated voting power\n - CCN's disproportionate token ownership\n\n## Stakedrop Remediation Implementation\n\nThe stakedrop goal was to create a community-led smart contract platform free from centralization of power. Specifically with the essence of preventing top heavy on-chain governance control.Therefore, the stakedrop targeted non custodial wallets only with the exclusion of centralized custodians ie. Exchange validators and their delegators.\n\n Shortly after genesis, the contents of multiple wallets were drained into a single wallet.\n\nProposal 16 was submitted and suggested to reclaim all but 50K . The community broadly supported the proposal, and so the owner of the address added a link to an article in the memo of theirAbstain vote.\n\nAfter this first statement, a second statement revealed the identity of the whale, and the nature of the business, as crypto asset exchange service.\n\nHence, CCN was ineligible for the stakedrop.\n\nBy voting yes on this proposal you agree CCN should not have received the genesis stakedrop.\n\nBy voting yes on this proposal you agree that a software upgrade should be made which adjusts CCN's balance held at juno1aeh8gqu9wr4u8ev6edlgfq03rcy6v5twfn0ja8:\n\n- By undelegating all of CCN's current delegations\n- By instantly unbonding all of CCN's recovered delegations (bypassing the normal 28-day unbonding period)\n- By sending all of CCN's recovered and available balance to a smart contract controlled by the community\n\nBy voting yes on this proposal you agree that the final decision of action to be taken should be made by the community once the funds are in a community controlled smart contract.\n\nBy voting no you disagree in part or in entirety with one or more of the above statements.\n\n## Upgrade\n\nThis upgrade to Juno v4.0.0 will take place at block 2951100, which should arrive around 1600UTC on May the 4th, but be aware that this block could arrive +/- 2 hours or more.\n\nYou can check the ETA of block 2951100 here.\n\nValidators should check in on the Juno Discord with any questions.\n\n