Proposal #188
Rejected on 08 Apr 2022: only 23.8% of the decisive votes said yes.
Yes
19.7%
23.8% without abstain
Veto
2.7%
of votes cast
Ended
08 Apr 2022
19.72%
of votes cast
17.04%
of votes cast
60.56%
of votes cast
2.68%
of votes cast
xki has some kind of system or user that trades once per minute or so, at fixed intervals, using the same amount of dollar denominated value. The motive for this is likely the reality that osmosis currently incentivizes pools based on trading volume. The automated system or tireless human is responsible for nearly all xki trading.
This activity has been entirely clear, and unless it suddenly stops, can be seen here:
[Hidden link]
XKI is being wash traded from at least two addresses, at a rate of around $1000 per minute:
[Hidden link]
[Hidden link]
As of the time of this gov prop this activity was occurring in real time, and if the activity were to cease, it is able to be viewed historically as well at those addresses and in the histories of the affected pools.
Vote YES on this proposal if you support that osmosis stop incentivizing XKI as soon as possible, reducing incentives funded by osmo inflation on XKI pools to zero.
Vote NO on this proposal if you would like for osmosis inflation to continue to be used to incentivize XKI liquidity providers.
Vote NOWITHVETO on this proposal if you'd like Notional to experience a 500 osmo financial penalty for making this proposal.
Vote ABSTAIN on this proposal for comfortable neutrality.