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Proposal #376

Phase out Incentives on Low Revenue Pools

PassedText Proposal

Passed on 12 Dec 2022 with 63.4% of the votes for yes.

Yes

63.4%

91.0% without abstain

Veto

0.0%

of votes cast

Ended

12 Dec 2022

The ballotvotes cast · final tally
Yes

63.44%

of votes cast

Abstain

30.28%

of votes cast

No

6.28%

of votes cast

Veto

0.00%

of votes cast

  • By voting YES on this proposal, OSMO stakers voice their support for a staged removal of OSMO incentives from the listed pools.

  • By voting NO on this proposal, OSMO stakers voice their dissent to a staged removal of OSMO incentives from the listed pools

Details

This proposal asks that Osmosis incentives on under-utilised pools be removed to align the Minor/OSMO category to pools that are strategically important to Osmosis to acquire liquidity of but do not meet the requirements to have Major/OSMO.

This proposal includes the lowest nine Minor pools by fees generated, totalling around 0.08% of incentive emissions as well as the lowest three Other category pools.

Any matched incentives would not be removed by this proposal as these are a way for projects to split the cost of liquidity beyond that sustained by swap fees or provided by the team.

Proposed pools

Incentives on the following pools will be removed entirely at the next regular incentive proposal

  • 549 EEUR/JUNO
  • [Hidden link]

Incentives on the following pools will be removed over two weeks at regular incentive proposals as follows: Week 1 - 50% Week 2 - 0%

  • [Hidden link]
  • [Hidden link]
  • [Hidden link]
  • [Hidden link]
  • [Hidden link]
  • [Hidden link]
  • [Hidden link]
  • [Hidden link]
  • [Hidden link]
  • [Hidden link]

As this is a bundle proposal, please vote no if you do not approve of any of these pools being removed and a smaller set will be proposed.

Commonwealth Thread: [Hidden link]

Timeline

  1. Submitted07 Dec 2022
  2. Voting started07 Dec 2022
  3. Voting ended12 Dec 2022
  4. Deposit deadline21 Dec 2022

Proposer

Address
Deposit1.6K

Rules

Not recorded for this proposal.