Proposal #127
Passed on 24 Jan 2022 with 90.8% of the votes for yes.
Yes
90.8%
93.2% without abstain
Veto
0.3%
of votes cast
Ended
24 Jan 2022
90.77%
of votes cast
2.63%
of votes cast
6.33%
of votes cast
0.28%
of votes cast
Proposal 47 ([Hidden link]) enabled the matching of External Incentives with the dollar value in Osmo as an incentive for external providers to provide liquidity rewards from their own token reserve. Within Proposal 47, a cap of 20% of the daily inflation intended for liquidity incentives was established to restrict the matching program in the early phases of the Osmosis decentralised exchange. The most recent Semi-Automatic Incentive Adjustment proposal ([Hidden link]) used 19.182% of daily Osmo LP incentives to match all current external incentives to a value of ~,017,421 per day. With Proposal 126 for HUAHUA external incentives looking to pass, continued full matching of external incentives is currently projected to require 26.15% of incentives to be used To allow for full matching to continue and to allow capacity for potential further external incentives to be matched I propose that the cap be raised to 30% This proposal is based on discussion here: [Hidden link] and here: [Hidden link]
Voting YES for this proposal indicates that 30% of daily OSMO inflation intended for liquidity incentives may be used to match External Incentives
Voting NO for this proposal indicates that External Incentive matching will be scaled down so that the total matching does not exceed 20% of daily OSMO inflation intended for liquidity incentives.