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Proposal #844

OSMO LST Support Re-evaluation: September 2024, Close stkOSMO position

PassedTransfer Positions

Passed on 30 Sept 2024 with 89.8% of the votes for yes.

Yes

89.8%

100.0% without abstain

Veto

0.0%

of votes cast

Ended

30 Sept 2024

The ballotvotes cast · final tally
Yes

89.76%

of votes cast

Abstain

10.22%

of votes cast

No

0.02%

of votes cast

Veto

0.00%

of votes cast

This proposal would close the static stkOSMO position established in [Hidden link] and return the OSMO to the community pool.

This is due to the developers of stkOSMO changing their focus to Bitcoin liquid staking, as announced [Hidden link].

This proposal would transfer the stkOSMO position to the [Hidden link], which would facilitate removing the liquidity and return it to the Osmosis Community Pool.

Any stkOSMO recovered by this process will be redeemed for OSMO via unstaking and also returned to the Osmosis community pool.

Timeline

  1. Submitted25 Sept 2024
  2. Voting started25 Sept 2024
  3. Voting ended30 Sept 2024
  4. Deposit deadline09 Oct 2024

Proposer

Address
osmo19w2…3hfq0r
Deposit1.6K

Rules

Not recorded for this proposal.