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Proposal #70

Signaling proposal for XKI incentivized pools

PassedText Proposal

Passed on 19 Nov 2021 with 96.6% of the votes for yes.

Yes

96.6%

99.1% without abstain

Veto

0.0%

of votes cast

Ended

19 Nov 2021

The ballotvotes cast · final tally
Yes

96.62%

of votes cast

Abstain

2.48%

of votes cast

No

0.90%

of votes cast

Veto

0.01%

of votes cast

By voting YES to this proposal, OSMO stakers simply signal their support for: Adding OSMO incentives to XKI/OSMO and XKI/UST pools through the Semi Automatic Incentive Adjustment.

By voting NO on this proposal, OSMO stakers voice their dissent for: Adding OSMO incentives to XKI-liquidity pools on Osmosis.

** Details **

The following proposal is a basic signaling proposal to initiate the processes needed to include XKI pairs into the set of assets that get OSMO LP incentives.

Regular XKI/OSMO and XKI/UST pools have gone live on Osmosis AMM and liquidity has been bootstrapped by the Ki Foundation.

** Expected benefits **

The Liquidity Providers will then benefit from following incentives on OSMO/XKI & UST/XKI pools:

  1. OSMO incentives for LP
  2. SWAP Fees

In order to incentivize more liquidity to be provided, the Ki Foundation will fund an additional incentive in XKI on the related pools.

By supporting these benefits, you will help grow the XKI liquidity pools and strengthen both core assets of future DeFi Protocols such as Klub Yield as presented on the Cosmoverse conference ( [Hidden link] )

** About Ki & Klub **

Ki is offering the compliant gateway from the Fiat world to DeFi, through Klub Ki is building DeFi protocols that will live on top of Juno while being operated through interchain accounts of multiple chains.

Website: [Hidden link] Twitter: [Hidden link]

Klub App on the stores: iPhone: [Hidden link] Android: [Hidden link]

COMMONWEALTH DISCUSSION THREAD

[Hidden link]

Timeline

  1. Submitted16 Nov 2021
  2. Voting started16 Nov 2021
  3. Voting ended19 Nov 2021
  4. Deposit deadline30 Nov 2021

Proposer

Address
Deposit500

Rules

Not recorded for this proposal.