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Proposal #195

Match External Incentives for PSTAKE/OSMO (#648)

PassedText Proposal

Passed on 12 Apr 2022 with 71.0% of the votes for yes.

Yes

71.0%

93.0% without abstain

Veto

0.0%

of votes cast

Ended

12 Apr 2022

The ballotvotes cast · final tally
Yes

71.02%

of votes cast

Abstain

23.60%

of votes cast

No

5.35%

of votes cast

Veto

0.04%

of votes cast

As established in Osmosis [Hidden link] the matching of external incentives requires a governance vote to add to the incentive model. Proposal Details Match external incentives provided by the pSTAKE team for PSTAKE/OSMO (pool 648), the external incentives will continue for 30 epochs, ONLY for the 14-day unbonding period.

  • By voting YES on this proposal, external PSTAKE incentives will be matched by corresponding OSMO rewards.
  • By voting NO on this proposal, external PSTAKE incentives will NOT be matched by corresponding OSMO rewards.

Context The PSTAKE team will be extending the current external incentives of 100,000 PSTAKE tokens from [Hidden link] to 150,000 PSTAKE across PSTAKE/OSMO pool 648 amounting to ~106,500 USD (calculated at 0.71 USD per PSTAKE) over the course of 30 epochs. The PSTAKE incentives are as follows:

  • PSTAKE/OSMO (Pool #648): 5000 PSTAKE per day amounting to ~3,350 USD

Timeline

  1. Submitted07 Apr 2022
  2. Voting started07 Apr 2022
  3. Voting ended12 Apr 2022
  4. Deposit deadline21 Apr 2022

Proposer

Address
Deposit500

Rules

Not recorded for this proposal.