Proposal #650
Rejected on 10 Oct 2023: only 17.6% of the decisive votes said yes.
Yes
9.6%
17.6% without abstain
Veto
0.0%
of votes cast
Ended
10 Oct 2023
9.62%
of votes cast
45.35%
of votes cast
45.01%
of votes cast
0.03%
of votes cast
This proposal aims to deploy 2M OSMO to an ampOSMO/OSMO supercharged pool.
The OSMO are sent to a 4-out-of-5 mult-sig controlled by trusted community members. The purpose of this multisig wallet is to create a concentrated liquidity pool, create a liquidity position to cover the expected trading range over the next two years and subsequently transfer the resulting position back to the Osmosis community when possible.
By doing so we will be able to improve the utility of ampOSMO across the Cosmos ecosystem. Additionally, it will reduce Osmosis dependency on a single liquid staking provider, while ensuring the continued sovereignty of delegations and governance power.
Full details can be found in the forum: [Hidden link]