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This is a signalling proposal to phase out all OSMO incentives through the regular incentives updates from pool #690 MNTL/OSMO, this will give Liquidity Providers sufficient time to Exit the pool, should they wish to do so. Successful passing of this proposal will result in manual adjustment of OSMO incentives on September 19, 2022.

This is in light of the news and admission by the Asset Mantle Foundation team that wallets connected to and funded by the Asset Mantle Foundation nodes have been involved in volume manipulation/wash trading through Osmosis DEX.

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 of this behaviour are documented thoroughly, including recent images of the MNTL token trading volume, which has decreased by up to 85% since the Asset Mantle team ceased the trading activities, here: [Hidden link] admission from Asset Mantle founders on a spaces call held with the community on 07/27/2022 about ‘Market Making’ activities on an AMM by the Asset Mantle Foundation, the entire recording is here: [Hidden link] /n/nWith this information, and as per proposal 152 ([Hidden link]), this proposal will phase out all OSMO incentives through the regular incentives updates from pool #690 MNTL/OSMO.

VOTE:

By Voting YES on this proposal, you vote to phase out all OSMO incentives through the regular incentives updates from pool #690 MNTL/OSMO.

By Voting NO on this proposal, you vote against phasing out all OSMO incentives through the regular incentives updates from pool #690 MNTL/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.