Proposal #669
Passed on 01 Nov 2023 with 96.1% of the votes for yes.
Yes
96.1%
97.5% without abstain
Veto
0.0%
of votes cast
Ended
01 Nov 2023
96.08%
of votes cast
1.49%
of votes cast
2.43%
of votes cast
0.00%
of votes cast
This proposal directly lowers the Pool Creation fee to 400 OSMO.
Since the Pool Creation fee was increased in V19 to 1000 OSMO, very few new Supercharged pools have been created.
This may be due to the lack of User Interface for Supercharged pool creation, which currently requires CLI usage. The documentation for this is available [Hidden link]. However, very few Balancer or Stableswap pools have also been created in this time despite the availability of new assets such as USDC and USDT.
This proposal would lower the Creation fee to 400 OSMO (~$100 at time of writing).
This results in a slightly higher spend than before the change to minimise spam as was being discussed in this forum thread: [Hidden link]
We are at a stage in Osmosis where new pools should be being made to find the optimal fee for a trade and this proposal asks that the financial barrier to this be reduced.
Forum Post: [Hidden link]