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Proposal #821

Send ampOSMO and boneOSMO liquidity to custodial multisig

PassedCommunity Pool Spend

Passed on 10 Aug 2024 with 90.9% of the votes for yes.

Yes

90.9%

99.8% without abstain

Veto

0.0%

of votes cast

Ended

10 Aug 2024

Asked

604.9K

uLP (osmo1692…z20m)

The ballotvotes cast · final tally
Yes

90.93%

of votes cast

Abstain

8.93%

of votes cast

No

0.11%

of votes cast

Veto

0.03%

of votes cast

A commonly raised concern during the SAIL clawback was the reliability and longevity of competing LST liquidity on Osmosis.

To increase the confidence in the perpetuity of this liquidity, this proposal would transfer this liquidity to a multisig for holding rather than retaining it in the community pool.

Multisig address: [Hidden link]

This address is a 3/5 multisig composed of:

  • JGnft (Backbone Labs)
  • 0xPhillip (Eris Protocol)
  • Johnny Wyles (Osmosis Foundation)
  • Omniflix (Validator)
  • NosNode (Validator)

This liquidity would be held for at least 6 months or until it comprises the community pool’s only OSMO liquid stake holding above the equivalent redemption rate, whichever is longer.

Representative factory tokens can be verified by viewing the underlying contract pages: [Hidden link] [Hidden link]

Forum Thread: [Hidden link]

Timeline

  1. Submitted05 Aug 2024
  2. Voting started05 Aug 2024
  3. Voting ended10 Aug 2024
  4. Deposit deadline19 Aug 2024

Proposer

Address
osmo19w2…3hfq0r
Deposit1.6K

Rules

Not recorded for this proposal.