Proposal #244
Passed on 01 Jun 2022 with 83.2% of the votes for yes.
Yes
83.2%
99.7% without abstain
Veto
0.0%
of votes cast
Ended
01 Jun 2022
83.18%
of votes cast
16.59%
of votes cast
0.22%
of votes cast
0.01%
of votes cast
Voting Yes for this proposal indicates that liquidity incentive minimums should be reallocated as below
Voting No for this proposal indicates that existing liquidity incentive minimums should be unaffected by this proposal
Osmosis Liquidity incentives are distributed daily according to the category model established in Proposal #233 with 45% of the daily incentives going to major/osmo pools. These are distributed according to minimum incentive levels established in Proposals #223, #229 and #233 with the remainder distributed proportional to the fees generated by transactions in these pools as follows:
This proposal asks that the minimums are redefined to the following in order to further encourage deep liquidity in a variety of Major pools:
A maximum incentive level would also be implemented for OSMO/ATOM (#1) of 25% in order to enable these changes. Without this, Pool #1 continues to draw the majority of the fees due to its size and does not allow newer pools to grow. Further maximum incentive settings can be implemented in future proposals to ensure that Osmosis does not incentivise any one asset excessively.
If passing by the time of the regular incentives proposal, these changes will also be merged into the new incentives proposal for the 29th May so the regular incentives proposal does not revert the gauge weights to the current minimums on passing. The regular incentives proposal should be voted No on if this proposal was passing on the 29th and later fails.
Commonwealth Thread: [Hidden link]