Proposal #410
Passed on 30 Jan 2023 with 88.5% of the votes for yes.
Yes
88.5%
99.4% without abstain
Veto
0.0%
of votes cast
Ended
30 Jan 2023
88.47%
of votes cast
10.98%
of votes cast
0.55%
of votes cast
0.01%
of votes cast
This proposal would add OSMO incentives directly to the OSMO/(w)AVAX pool (#899) consisting of 0.5% of liquidity incentives and maintain this for a period of 4 routine incentive proposals.
The normal signalling proposal to allocate incentives would go into effect at the next routine incentives proposal providing some incentives on the 5th February 2023. This proposal would provide initial incentives on the 31st January by actioning the following:
Bootstrapping incentives indicate that Osmosis stakers wish to quickly establish functional liquidity of AVAX to facilitate trading and liquidity flow between Avalanche and Osmosis via the Axelar bridge.
AVAX is the native token of the Avalanche platform and is used to secure the network through staking, pay for fees, and provide a basic unit of account between the multiple subnetworks created on the Avalanche platform. wAVAX is the wrapped version of AVAX that enables use on the Avalanche network. Website: [Hidden link]
Commonwealth Thread: [Hidden link]