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Proposal #96

Distribution of Clawback ION/OSMO to OSMO stakers.

RejectedText Proposal

Rejected on 14 Dec 2021: 39.7% of the votes were veto, enough to sink it and burn the deposit.

Yes

16.6%

17.4% without abstain

Veto

39.7%

of votes cast

Ended

14 Dec 2021

The ballotvotes cast · final tally
Yes

16.59%

of votes cast

Abstain

4.73%

of votes cast

No

38.95%

of votes cast

Veto

39.72%

of votes cast

Increasing OSMO staker incentivization for participation in network security & governance.

Currently stakers receive 25% of the daily distributed rewards compared to Liquidity Mining at 45%

Both are needed for the bootstrapping of a network, however I believe it would be good to additionally reward OSMO stakers for securing the network.

Loyal stakers make for stable communities. [Hidden link]

Clawback OSMO & ION will be 100% complete soon (~4 days)

See proposal 32 ([Hidden link])

[Hidden link]

PROPOSED CLAWBACK DISTRIBUTION

TLDR -- Send all unclaimed ION & OSMO to OSMO stakers.

Distribute clawback ION to all OSMO stakers proportionally to OSMO staked. This will realign IONs value position with new OSMO holders who may have not been around for the genesis distribution but have since bought OSMO and staked.

Distribute clawback OSMO to all OSMO stakers who have voted on at least 3 governance proposals. This will ensure no lazy voters are rewarded while also rewarding those who were at least semi active in governance.

These actions will further cement the value proposition behind OSMO staking and securing of the chain, building the future expectation of value when staking.

If this proposal is approved by the community, snapshot taken used should be the time & date of this proposal to avoid any snapshot gaming or any possibility of unfair advantage by the author and/or any other interested parties.

If this proposal is declined, the author hopes to at least have sparked discussion of the Stakedrop Clawback distribution directly to users rather than funds going straight to a slush fund.

Timeline

  1. Submitted11 Dec 2021
  2. Voting started11 Dec 2021
  3. Voting ended14 Dec 2021
  4. Deposit deadline25 Dec 2021

Proposer

Address
Deposit500

Rules

Not recorded for this proposal.