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Proposal #270

Match External Incentives on OSMO/MNTL (#690)

PassedText Proposal

Passed on 03 Jul 2022 with 45.6% of the votes for yes.

Yes

45.6%

67.9% without abstain

Veto

0.2%

of votes cast

Ended

03 Jul 2022

The ballotvotes cast · final tally
Yes

45.58%

of votes cast

Abstain

32.92%

of votes cast

No

21.29%

of votes cast

Veto

0.22%

of votes cast

Match external incentives provided by the Asset-Mantle team for OSMO/MNTL (Pool #690). The external incentives were loaded for 75 epochs for the 14 day and 7 day bonding period only.

By voting YES on this proposal, external MNTL incentives will be matched by corresponding OSMO rewards.

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

Context

The Asset-Mantle team will use the 2 million MNTL tokens from unclaimed airdrop as external incentives to 14 day and 7 day bonds in the OSMO/MNTL Pool (#690) over 75 days. This is a total value of ~$160,000 or ~$2,100 a day.

External incentives will be assigned as follow:

1.5Mil assigned to 14 day bond period,

500k assigned to 7 day bonding period.

About AssetMantle (MNTL)

Redefining Digital Asset Ownership AssetMantle is a multi-tenant NFT marketplace framework that enables creators and collectors to securely mint, own, and trade digital assets on its fast-finality blockchain. The AssetMantle no-code toolset enables creators to permissionlessly create customized assets and marketplaces. Collectors can own the assets minted across these marketplaces and compatible chains in a singular wallet that can be transacted with minimal gas and a lower carbon footprint. Built on the interNFT standard, AssetMantle implements an end-to-end stack of open-source modular tools that developers can modify to fit advanced use cases.

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Timeline

  1. Submitted28 Jun 2022
  2. Voting started28 Jun 2022
  3. Voting ended03 Jul 2022
  4. Deposit deadline12 Jul 2022

Proposer

Address
Deposit500

Rules

Not recorded for this proposal.