oCEAN votes the validator set.
OCEAN holders decide which Hyperliquid validators receive the pool's stake and at what weights. One OCEAN is one vote, once activated.
Governor parameters
Deployment parametersGovernance sets the validator set and weights, the Vault buffer target and deposit cap, and can replace the Operator and Guardian. Every change waits out the timelock before it takes effect.
Your oCEAN
oCEAN is the voting power of your OCEAN. It becomes active once you delegate it, to yourself or to another address. Each proposal counts the voting power you hold when its voting period opens.
Proposals
How to submit a proposal →Proposals read live from the Governor
Each proposal appears here with its state, the For, Against and Abstain tallies, quorum progress and its deadline. The first proposal sets the genesis validator set.
From proposal to the chain
- ProposedAny address holding 1,000 oCEAN
- Pending1 day; voting power is snapshotted
- Active5 days of voting
- QueuedPassed proposals wait 48 hours in the timelock
- ExecutedThe change takes effect on-chain
A proposal passes when For exceeds Against and For plus Abstain reaches quorum (4% of OCEAN supply at the snapshot). The Vault rejects any validator set whose weights do not sum to 100% or that gives a single validator more than 25%.
Hyperliquid validators
Read live from Hyperliquid's public API. These are the validators oCEAN governance can choose from. Appearing in this list implies no relationship with Ocean Reserve.