Proposal #317
Passed on 25 Aug 2022 with 29.6% of the votes for yes.
Yes
29.6%
92.9% without abstain
Veto
0.1%
of votes cast
Ended
25 Aug 2022
29.61%
of votes cast
68.13%
of votes cast
2.19%
of votes cast
0.07%
of votes cast
This is a signalling proposal to phase out all OSMO incentives through the regular incentives updates from pool #600 ATOM / CMDX & #601 CMDX/OSMO, this will give Liquidity Providers sufficient time to Exit the pools, should they wish to do so. This proposal will also remove superfluid staking immediately on passage of this proposal from pool #601 CMDX/OSMO.
This is in light of the news and admission by the Comdex Foundation team that wallets connected to and funded by the Comdex Foundation nodes have been involved in volume manipulation/wash trading through Osmosis DEX and selling CMDX through OSMO to USD, in many cases on the hour, every hour since May 2022.
These wallets have never connected to chains other than their native chain and Osmosis, indicating that they have been running on a script for some time.
Evidence and analysis (with images) of this behaviour are documented thoroughly here: [Hidden link] admission from Siddarth (Comdex COO) about ‘Market Making’ activities on an AMM by the Comdex Foundation: [Hidden link] this information and as per proposal 152 ([Hidden link]), this proposal will phase out all OSMO incentives through the regular incentives updates from pool #600 ATOM / CMDX & #601CMDX/OSMO and remove superfluid staking immediately on passage of this proposal from pool #601 CMDX/OSMO.
By Voting YES on this proposal, you vote to phase out all OSMO incentives through the regular incentives updates from pool #600 ATOM/CMDX & #601 CMDX/OSMO and remove superfluid staking immediately on passage of this proposal from pool #601 CMDX/OSMO.
By Voting NO on this proposal, you vote against phasing out all OSMO incentives through the regular incentives updates from pool #600 ATOM / CMDX & #601 CMDX/OSMO and remove superfluid staking immediately on passage of this proposal from pool #601 CMDX/OSMO.
By voting ABSTAIN, you formally decline to vote either for or against the proposal.
Voting NOWITHVETO expresses that you would like to see depositors penalised by revocation of their deposit and contributes towards an automatic 1/3 veto threshold.