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Proposal #471

Enable Superfluid Staking on OSMO/USDT

PassedSet Superfluid Assets Proposal

Passed on 01 Apr 2023 with 96.3% of the votes for yes.

Yes

96.3%

99.9% without abstain

Veto

0.0%

of votes cast

Ended

01 Apr 2023

The ballotvotes cast · final tally
Yes

96.28%

of votes cast

Abstain

3.64%

of votes cast

No

0.07%

of votes cast

Veto

0.01%

of votes cast

On passing, this proposal would enable Superfluid Staking on the OSMO/USDT (#831) 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/USDT pool (#831).

If enabled at the current 50% discount rate, an additional ~88 thousand OSMO can be used to secure the network through staking.

About USDT

Launched in 2014, Tether was the first stablecoin issued and remains the most prevalent stablecoin in use across the crypto ecosystem.

USDT is currently provided on Osmosis via the Axelar bridge.

Website: [Hidden link]

Commonwealth Thread: [Hidden link]

Timeline

  1. Submitted27 Mar 2023
  2. Voting started27 Mar 2023
  3. Voting ended01 Apr 2023
  4. Deposit deadline10 Apr 2023

Proposer

Address
Deposit1.6K

Rules

Not recorded for this proposal.