Proposal #234
Passed on 24 May 2022 with 99.3% of the votes for yes.
Yes
99.3%
99.9% without abstain
Veto
0.0%
of votes cast
Ended
24 May 2022
99.28%
of votes cast
0.63%
of votes cast
0.08%
of votes cast
0.01%
of votes cast
By voting YES on this proposal, OSMO stakers voice their support in disabling Superfluid Staking on the OSMO/UST (#560) and OSMO/LUNA (#561) pools on Osmosis.
By voting NO on this proposal, OSMO stakers voice their dissent in disabling Superfluid Staking on the OSMO/UST (#560) and OSMO/LUNA (#561) pools on Osmosis.
Details This proposal would disable Superfluid Staking in the OSMO/UST (#560) and OSMO/LUNA (#561) pools. These pools currently contain around 7% of OSMO liquidity, however this is rapidly decreasing as users unbond and the value of UST and LUNA fluctuate through unforeseen volatility causing there to be fewer OSMO in the pool. At the current 50% discount rate, this would unstake up to ~2.6 million OSMO which were being used to secure the network through staking. However as many users are unbonding from these pools this will be lower. See [Hidden link] for the recent drop in OSMO being used for Superfluid Staking that indicates this. Superfluid proposals ask whether governance trusts in the stability and security of these chains sufficiently to allow their tokens to have an influence on Osmosis governance.
Commonwealth Thread: [Hidden link]