Proposal #345
Passed on 16 Oct 2022 with 86.1% of the votes for yes.
Yes
86.1%
99.4% without abstain
Veto
0.2%
of votes cast
Ended
16 Oct 2022
86.14%
of votes cast
13.30%
of votes cast
0.36%
of votes cast
0.20%
of votes cast
By voting YES on this proposal OSMO stakers voice their support for adding STRD/OSMO (#806) to the set of pools that continuously receive OSMO incentives.
By voting NO on this proposal OSMO stakers voice their dissent for adding STRD/OSMO (#806) to the set of pools that continuously receive OSMO incentives.
Details
This is a signaling proposal to add STRD/OSMO (#806) to the set of pools that continuously receive OSMO incentives. This pool falls into the “minor/OSMO” incentive category, which receives 14% of OSMO incentives. So the STRD/OSMO pool would get part of that 14% of OSMO incentives. OSMO incentives to the set of pools that continuously receive incentives are adjusted weekly, using the semi-automatic incentive adjustment system.
STRD/OSMO (#806) is currently incentivized with a significant amount of OSMO, which was added externally by the Stride Foundation. However, liquidity depth remains low. In the coming weeks, a large STRD airdrop will be released, including 1MM STRD to OSMO stakers. It is desirable for liquidity depth to increase to facilitate the expected uptick in trading volume.
About Stride
Stride provides liquid staking for the Cosmos. Stride is working to build deep liquid staked derivative (LSD) liquidity on Osmosis, so that Stride LSD pools can function as oracles and absorb liquidations for a number of coming Osmosis applications, the most prominent of which being Mars Protocol. Stride is significantly aligned with Osmosis. It makes sense to further that alignment by voting to add the STRD pool to the set of incentivized pools.
Commonwealth Thread
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