Proposal #132
Rejected on 30 Jan 2022: only 24.5% of the decisive votes said yes.
Yes
20.7%
24.5% without abstain
Veto
0.1%
of votes cast
Ended
30 Jan 2022
20.71%
of votes cast
15.36%
of votes cast
63.84%
of votes cast
0.09%
of votes cast
Details:
The following proposal is a signaling proposal to include the ROWAN:OSMO and ROWAN:ETH pairs into the set of assets that get regular OSMO LP incentives and to match the external ROWAN incentives provided by Sifchain (detailed below).
Note: the ETH pool specified within this proposal is the ROWAN:ETH pool which will contain the pegged ETH from Sifchain’s Peggy bridge.
ROWAN:OSMO and ROWAN:ETH pools will go live on Osmosis AMM shortly after Sifchain’s upcoming MAGNOLIA upgrade.
External incentive details:
Sifchain’s external incentive program will allocate a total of 40 million ROWAN in external rewards to the two pools over a span of 30 epochs. It will begin after the upcoming deployment of Sifchain’s MAGNOLIA upgrade which will enable IBCv2 transfers.
ROWAN:OSMO: ~375K ROWAN per epoch ROWAN:ETH: ~958K ROWAN per epoch.
Once the signal proposal is passed, the pools will be added to the regular OSMO incentive and OSMO matched external incentive update proposal through the onboarding process.
About Sifchain:
Sifchain is a Cosmos SDK built DEX that uses continuous liquidity pools to implement pools suitable to limit orders and token swaps alike. As well as being connected to the Cosmos hub via IBC, Sifchain already supports cross-chain transactions for Ethereum ERC-20 tokens.