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Proposal #178

Match External Incentives for SWTH/OSMO

PassedText Proposal

Passed on 24 Mar 2022 with 21.8% of the votes for yes.

Yes

21.8%

70.4% without abstain

Veto

0.1%

of votes cast

Ended

24 Mar 2022

The ballotvotes cast · final tally
Yes

21.76%

of votes cast

Abstain

69.07%

of votes cast

No

9.07%

of votes cast

Veto

0.10%

of votes cast

Proposal Details

Match external incentives provided by Carbon for [Hidden link]. External incentives will begin on 23 March 2022 and will continue for 70 epochs.

  • By voting YES on this proposal, external SWTH incentives will be matched at 1,578 USD per day.
  • By voting NO on this proposal, external SWTH incentives will NOT be matched at 1,578 USD per day.

Context

The Carbon team has provided external incentives amounting to 6,000,000 SWTH for the [Hidden link] over the course of 70 epochs, beginning on 23 March 2022, which is valued at approximately 110,520 USD in total, at the current price of 0.01842 USD.

Therefore, the final ask for the Osmosis incentive match is for 1,578 USD per day.

About Carbon

Carbon is a Layer 2 trading protocol powering cross-chain financial markets and infrastructures. As a custom-built sidechain, Carbon is designed specifically for trading sophisticated financial instruments such as options, bonds and futures at scale. Developers can build, implement and scale any kind of decentralized application on Carbon while enjoying multi-chain interoperability. Carbon acts as the core of the multi-chain world while laying the foundation for the future of decentralized financial economies.

More Information

  • Commonwealth discussion: [Hidden link]
  • Carbon gov proposal for providing SWTH rewards to Osmosis: [Hidden link]
  • Carbon website: [Hidden link]
  • Carbon community channels:
    • [Hidden link]
    • [Hidden link]

Timeline

  1. Submitted21 Mar 2022
  2. Voting started21 Mar 2022
  3. Voting ended24 Mar 2022
  4. Deposit deadline04 Apr 2022

Proposer

Address
Deposit500

Rules

Not recorded for this proposal.