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Proposal #239

Enable Superfluid Staking on OSMO/WBTC

PassedSet Superfluid Assets Proposal

Passed on 31 May 2022 with 96.0% of the votes for yes.

Yes

96.0%

99.8% without abstain

Veto

0.0%

of votes cast

Ended

31 May 2022

The ballotvotes cast · final tally
Yes

95.99%

of votes cast

Abstain

3.78%

of votes cast

No

0.23%

of votes cast

Veto

0.00%

of votes cast

  • By voting YES on this proposal, OSMO stakers voice their support in enabling Superfluid Staking on the OSMO/WBTC(#712) pool on Osmosis.
  • By voting NO on this proposal, OSMO stakers voice their dissent in enabling Superfluid Staking on the OSMO/WBTC(#712) pool on Osmosis.

Details This proposal would enable Superfluid Staking in the OSMO/WBTC pool (#712). This pool is currently the twelfth largest OSMO pool on Osmosis by Total Value Locked containing around 1.07% of all OSMO liquidity. At the current 50% discount rate, this allows a further ~406 thousand OSMO to be used to secure the network through staking, in addition to the ~32.3 million OSMO from the currently enabled pools. This proposal asks whether governance trusts in the stability and security of chains sufficiently to allow their tokens to have an influence on Osmosis governance. The security in would be that of the Ethereum chain, the Axelar bridge and the WBTC DAO.

Wrapped Bitcoin is an ERC20 asset that is minted by a Bitcoin being provided to a trusted merchant as collateral, allowing Bitcoin liquidity to be utilised on the Ethereum network Website: [Hidden link]

Commonwealth Thread: [Hidden link]

Timeline

  1. Submitted26 May 2022
  2. Voting started26 May 2022
  3. Voting ended31 May 2022
  4. Deposit deadline09 Jun 2022

Proposer

Address
Deposit500

Rules

Not recorded for this proposal.