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Proposal #541

Enable Superfluid Staking on stOSMO/OSMO

PassedSet Superfluid Assets Proposal

Passed on 25 Jun 2023 with 90.1% of the votes for yes.

Yes

90.1%

97.0% without abstain

Veto

0.0%

of votes cast

Ended

25 Jun 2023

The ballotvotes cast · final tally
Yes

90.11%

of votes cast

Abstain

7.14%

of votes cast

No

2.75%

of votes cast

Veto

0.00%

of votes cast

This proposal aims to enable superfluid staking for the stOSMO/OSMO pool (#833).

In recent months, Osmosis governance has voted to display Stride liquid staked tokens (LSTs) on the Osmosis frontend UI, and to provide 5% of daily OSMO incentives to LST pools. In light of these governance decisions, it makes sense to now enable superfluid staking for the stOSMO pool.

The stOSMO pool is the sixth largest pool on Osmosis, and the only OSMO pool in the top ten without superfluid staking already enabled. At the current superfluid discount rate of 25%, enabling superfluid on the stOSMO pool would make roughly 1,650,000 OSMO eligible for staking, significantly increasing the potential economic security of the Osmosis blockchain.

See the full Commonwealth post here: [Hidden link]

Timeline

  1. Submitted20 Jun 2023
  2. Voting started20 Jun 2023
  3. Voting ended25 Jun 2023
  4. Deposit deadline04 Jul 2023

Proposer

Address
Deposit1.6K

Rules

Not recorded for this proposal.