Proposal #101

Regen token transfer

Exec Legacy Content
passed
Expected result
Rejected
Turnout / Quorum
16.64% / 20.00%

Voting period

Voting ended100.0%
Voting start 2021.12.15 at 05:25:47
Voting end 2021.12.18 at 05:25:47

Vote distribution

98.07%
33 828 019 osmo
Yes
0.05%
15 570 osmo
No
0.00%
1 101 osmo
Veto
1.88%
647 634 osmo
Abstain

Details

logo
Proposer
-
Total deposit
500 osmo
Submit time
2021.12.15 at 05:25:47
Deposit end time
2021.12.29 at 05:25:47

Description

This is a signalling proposal for the transfer of 1.399mm $REGEN to the Osmosis community.

This transfer will be to the community pool address, giving osmo holders ownership and ability to utilize these tokens through the existing osmosis governance process.

We expect this allocation to be used strategically for protocol-owned liquidity provision, use-cases exploring eco-credits, modest provision of yield farming provisions, matching grants to public goods, and open-source development funding.

We propose the main criteria for judging use-cases should be the long term strategic benefit to leveraging the Osmosis DEX in partnership with Regen Network as an originator for ecological assets that create a new Regenerative Finance asset class native to our growing IBC ecosystem.

Voting YES on this proposal signals the Osmosis community’s willingness to receive this grant, and govern it for LONG TERM strategic benefit as outlined broadly above. Voting NO would bump the conversation back to the forum posts and postpone a token transfer.

Here is the Commonwealth discussion. https://commonwealth.im/osmosis/proposal/discussion/2343-regen-dao-to-dao-token-grant

Here is the Regen Network governance forum discussion. https://forum.regen.network/t/cosmos-ecosystem-allocation/259

Votes

Voter
Answer