Proposal #767
Passed on 20 Apr 2024 with 79.2% of the votes for yes.
Yes
79.2%
90.3% without abstain
Veto
0.5%
of votes cast
Ended
20 Apr 2024
79.18%
of votes cast
12.30%
of votes cast
8.02%
of votes cast
0.49%
of votes cast
This proposal would reduce the fee for creating pools on Osmosis to 20 USDC.
On Osmosis, anyone can create pools by paying a creation fee. This fee helps prevent duplicate or spam pools, simplifying routing calculations and preventing excessive liquidity fragmentation.
This fee was previously set at 100 USDC and changed from OSMO in [Hidden link].
With the [Hidden link] of [Hidden link] by Big Labs, the Osmosis meme coin factory, this proposal aims to lower the pool creation fee to a level that would still deter spam but allow users to create new token pools with ease via the platform.
This change may result in the creation of excessive duplicate pools. The router's performance will be monitored, and if functionality is degraded, a reversion of this parameter change will be proposed.
Forum Thread: [Hidden link]