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Proposal #287

Add Polkadot (DOT) to the list of Major category assets

PassedText Proposal

Passed on 30 Jul 2022 with 86.1% of the votes for yes.

Yes

86.1%

99.6% without abstain

Veto

0.0%

of votes cast

Ended

30 Jul 2022

The ballotvotes cast · final tally
Yes

86.10%

of votes cast

Abstain

13.53%

of votes cast

No

0.36%

of votes cast

Veto

0.01%

of votes cast

  • By voting YES on this proposal, OSMO stakers voice their support for adding DOT to the list of assets that receive incentives as a Major token.

  • By voting NO on this proposal, OSMO stakers voice their dissent to adding DOT to the list of assets that receive incentives as a Major token.

Details Polkadot is currently the rank 11 cryptocurrency by marketcap with a valuation of around .1 Billion, 21 times higher than Osmosis. The majority of trade volume happens on centralised exchanges and not on Osmosis. This proposal asks if Osmosis has a strategic interest in attracting more liquidity of Polkadot and so will enable it to access a greater proportion of liquidity incentives.

The current canonical version of DOT is the Moonbeam-wrapped version of Polkadot and requires unwrapping on the Moonbeam network from xcDOT after passing through the Axelar bridge to become native DOT. This route was established as the current canonical bridge in [Hidden link].

Commonwealth Thread: [Hidden link]

Timeline

  1. Submitted25 Jul 2022
  2. Voting started25 Jul 2022
  3. Voting ended30 Jul 2022
  4. Deposit deadline08 Aug 2022

Proposer

Address
Deposit500

Rules

Not recorded for this proposal.