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Proposal #2

Set Initial Liquidity Mining Incentives

PassedUpdate Pool Incentives Proposal

Passed on 23 Jun 2021 with 99.3% of the votes for yes.

Yes

99.3%

99.7% without abstain

Veto

0.2%

of votes cast

Ended

23 Jun 2021

The ballotvotes cast · final tally
Yes

99.32%

of votes cast

Abstain

0.34%

of votes cast

No

0.17%

of votes cast

Veto

0.17%

of votes cast

This proposal provides initial incentives for pools.

It sets the initial distribution of incentives allocation points. It allocates 5% of the LP incentives to the community pool.

The rest is based upon the current TVL for each pool. ATOM/OSMO has the most liquidity, so we have it at 25%. For the remaining pools, we split the incentives evenly between the ATOM and OSMO pools. The AKT pools have the next most liquidity, so we add them at 25% total, split between the two 12.5% pools. After that is the XPRT pools, so its 20%, split across both. Then DVPN at 15%. Not much liquidity has arrived for IRIS or CRO, so we set them to 4% of the allocation points each. Finally, we allocated 2% to these ION things… Whatever they are…

Osmosis has capabilites for incentivizing passive liquidity. Correspondingly, 80% of the allocation points are dedicated to people who bond their LP shares for at least 1 day. 15% who bond for at least 7 days, and 5% for those who bond at least 14 days. (So if you bond for 14 days, you get the rewards for 1 day, 7 day, and 14 day)

Timeline

  1. Submitted20 Jun 2021
  2. Voting started20 Jun 2021
  3. Voting ended23 Jun 2021
  4. Deposit deadline04 Jul 2021

Proposer

Address
Deposit2.5K

Rules

Not recorded for this proposal.