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Proposal #52

Add Incentives to Osmo/Ust and Osmo/Luna

PassedUpdate Pool Incentives Proposal

Passed on 25 Oct 2021 with 97.4% of the votes for yes.

Yes

97.4%

99.3% without abstain

Veto

0.3%

of votes cast

Ended

25 Oct 2021

The ballotvotes cast · final tally
Yes

97.41%

of votes cast

Abstain

1.91%

of votes cast

No

0.35%

of votes cast

Veto

0.33%

of votes cast

This proposal would give a 0.5% incentive share to pools 560 (Osmo/Ust) and 561 (Osmo/Luna) which would start paying out on the epoch of October 26. This would allow these pools to gain incentives sooner than they would following the standard process (October 29).

These incentive shares would be taken from the 1% of LP incentives currently paid to the community pool (so as not to disrupt the incentives of existing pools or the regular process). This share of funding is in addition to the 5% of overall issuance going to the community pool, so in effect it would change the community pool's share of Osmo issuance from 5.45% to 5%.

This proposal would also act as governance agreement to these pools entering the onboarding process for regular incentive adjustments going forward.

If passed, these pools will be added to the regular adjustment proposal on October 25, but would start receiving incentives at this 0.5% rate on October 26, and would then be adjusted to the appropriate level on October 29 following passage of the regular adjustment proposal.

If not passed, these pools will not be added to the spreadsheet / regular adjustment process, and will not start receiving incentives until approved (in another text proposal) and added to a regular adjustment proposal.

Timeline

  1. Submitted22 Oct 2021
  2. Voting started22 Oct 2021
  3. Voting ended25 Oct 2021
  4. Deposit deadline05 Nov 2021

Proposer

Address
Deposit500

Rules

Not recorded for this proposal.