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Proposal #77

Match External Incentives for SCRT/ATOM and SCRT/OSMO pairs

PassedText Proposal

Passed on 25 Nov 2021 with 96.7% of the votes for yes.

Yes

96.7%

99.8% without abstain

Veto

0.0%

of votes cast

Ended

25 Nov 2021

The ballotvotes cast · final tally
Yes

96.68%

of votes cast

Abstain

3.15%

of votes cast

No

0.15%

of votes cast

Veto

0.03%

of votes cast

Background As established in Osmosis Proposal 47, the matching of external incentives requires a governance vote to add to the incentive model.

Proposal Details Match external incentives provided by the Secret Network community for the SCRT/ATOM and SCRT/OSMO pairs.

  • By voting YES on this proposal, external SCRT incentives will be matched at ~$10,000 per day
  • By voting NO on this proposal, external SCRT incentives will NOT be matched at ~$10,000 per day

Context The proposal for the external incentives went live on the Secret Network on November 20th, 2021 and is passing with unanimous approval: [Hidden link]. The discussion around the incentives can be seen here: [Hidden link]. This proposal is for ~$5000 per day in SCRT distributed across both pairs, however if the Osmosis community chooses to match, SCRT Labs will make the SCRT incentive ~$10,000 per day.

Therefore, the final ask for the Osmosis incentive match is for ~$10,000 per day.

As passed in Osmosis Proposal 54, these matched incentives would be in addition to the existing incentives gained from fee subsidies.

COMMONWEALTH DISCUSSION THREAD [Hidden link]

Timeline

  1. Submitted22 Nov 2021
  2. Voting started22 Nov 2021
  3. Voting ended25 Nov 2021
  4. Deposit deadline06 Dec 2021

Proposer

Address
Deposit500

Rules

Not recorded for this proposal.