So far, and by the current plan, in the future too, every July there will be a mandatory fork to update Telos.

This also gives the possibility to change some Telos fundamentals like happened last July too, and right now there are some votings going on at governance.rocks regarding these fundamentals, like Reward splits.

This article will be updated if more votings regarding the fork come up

Right now there are three different votes going on at Governance.rocks that will end about 50 days later.

The first one is about the Reward split.

Currently, we have 90/10 split meaning that each reward is split so that 90 percent of that Reward goes to Master node owner, while 10 percent goes to someone who was staking his coins.

Options for this voting currently are

Keep it as it is
80/20
70/30
50/50
10/90
100 % POS

Especially the last two, or could say even last three options are quite game-changing ideas where Proof of Stake would clearly get much bigger picture than it currently has at same time as the relevance of Master Nodes would go down a lot, and especially on last option Master Nodes would be ditched completely out of the equation while on second last option it basically means only few Master Nodes would be worth keeping instead of staking.

Right now, at the time of writing this, most votes were with 80/20, but also Keeping as it is and 10/90 had some votes too. However, with the current amount of votes – 12 to be exact from which 7 are on 80/20, it can still end in any way.

Second voting is about Collateral Split of Tiered Nodes. By other words, how much collaterals and which Tiers would be available after the July fork:

Keep them as they are
1K/ 3K / 10K/ 30K / 50K
100K/ 300K / 1KK / 3KK / 10KK 
1K/ 100K / 1KK/ 3KK / 10KK
1K / 10KK
Go POS only

Options somewhat boil down to either keeping the same, Halving the highest Tier – basically a small steps towards the original 1k only nodes, or taking one of the options with 10 Million Collateral nodes.
and of course the no Master nodes at all option as was the 100 % POS option in the first voting.

Currently, all 5 votes are on keeping them as they are option. So while amount of votes are still small enough that it can end to anything, it seems there is strong support for keeping them as it is, or perhaps people are just not wanting the 10 Million Collateral option.

Third voting is about the amount of Reward. Right now each new block produces 100 New coins (used to be 200 before the previous fork), but what will be the new one:

Keep them as it is (100 each block)
80
50
120
180

With current options we have an option to lower them a bit, half the rewards, rise them a bit, or almost double the rewards getting close to original amount of rewards.

This voting is currently most scattered among these three, with 7 votes divided between keeping them as it is (4), 80 (1), and increasing to 180 (2).

With this low amount of votes, it can still happen anything, but it looks like keeping things about as they are seem to be what most people prefer, and especially on first voting the 80/20 seems to be having somewhat strong neck compared to rest, so it might well stay that way.

In case you wish for some other options still for votings, you can send a message to votings-channel in official discord to request them, maybe they will be added, maybe not.

Some of these votings are bit interconnected together like if we take 10/90 split between master nodes and staking (the opposite of current one), then, for example, 1k/10kk collateral becomes much more viable option as then we would be talking of there possibly being only a couple of master nodes in the whole world, as from profit point of view it would make sense to have only couple of 10 Million master nodes since otherwise Staking would make you more already. This could basically means some sort of super master node with all kinds of security and power around it since income is good enough to make worth paying more to keep it superb.

All in all, except for couple of radical options, it seems changes to Telos will be somewhat small, like Rewards changing somewhere between double to half, which isn’t that big a change.

Go and vote now, there is no complaining after the voting is over if you didn’t participate in it on time.