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Proposal #405

Enable Superfluid Staking on OSMO/WBNB

PassedSet Superfluid Assets Proposal

Passed on 26 Jan 2023 with 95.1% of the votes for yes.

Yes

95.1%

99.6% without abstain

Veto

0.0%

of votes cast

Ended

26 Jan 2023

The ballotvotes cast · final tally
Yes

95.09%

of votes cast

Abstain

4.55%

of votes cast

No

0.36%

of votes cast

Veto

0.00%

of votes cast

On passing, this proposal would enable Superfluid Staking on the OSMO/WBNB (#840) pool on Osmosis.

Details

Superfluid proposals ask whether governance trusts in the stability and security of the chain sufficiently to allow their tokens to have an influence on Osmosis governance.

This proposal would enable Superfluid Staking in the OSMO/WBNB pool (#840).

If enabled at the current 50% discount rate, an additional ~167 thousand OSMO can be used to secure the network through staking.

This proposal comes after the bootstrapping period for WBNB implemented in [Hidden link] has ended.

WBNB was declared a major asset in [Hidden link] and arrives from Binance Smart Chain via the Axelar bridge.

About WBNB

WBNB is the wrapped version of BNB and is the most liquid, volatile asset across Binance Smart Chain DeFi. BNB is used to pay for goods and services on Binance, settle transaction fees on Binance Smart Chain, participate in exclusive token sales and more. Website: [Hidden link]

Commonwealth Thread [Hidden link]

Timeline

  1. Submitted21 Jan 2023
  2. Voting started21 Jan 2023
  3. Voting ended26 Jan 2023
  4. Deposit deadline04 Feb 2023

Proposer

Address
Deposit1.6K

Rules

Not recorded for this proposal.