Signalling Proposal: ROWAN Incentivized Pools and Matched Incentives
rejected
Expected result
Rejected
Turnout / Quorum
24.09% / 20.00%
Voting period
Voting ended100.0%
Voting start 2022.01.27 at 17:48:53
Voting end 2022.01.30 at 17:48:53
Vote distribution
20.71%
10 340 606 osmo
Yes
63.84%
31 877 187 osmo
No
0.09%
46 752 osmo
Veto
15.36%
7 668 460 osmo
Abstain
Details
Proposer
-
Total deposit
500 osmo
Submit time
2022.01.27 at 01:14:54
Deposit end time
2022.02.10 at 01:14:54
Description
- By voting YES to this proposal OSMO stakers signal their support for adding regular OSMO incentives and external matched OSMO incentives for the ROWAN:OSMO and ROWAN:ETH pools (details below) on Osmosis.\n* By voting NO to this proposal OSMO stakers signal their dissent for adding regular OSMO incentives and external matched OSMO incentives for ROWAN:OSMO and ROWAN:ETH (details below) on Osmosis.\n\nDetails:\n\nThe following proposal is a signaling proposal to include the ROWAN:OSMO and ROWAN:ETH pairs into the set of assets that get regular OSMO LP incentives and to match the external ROWAN incentives provided by Sifchain (detailed below).\n\nNote: the ETH pool specified within this proposal is the ROWAN:ETH pool which will contain the pegged ETH from Sifchain’s Peggy bridge.\n\nROWAN:OSMO and ROWAN:ETH pools will go live on Osmosis AMM shortly after Sifchain’s upcoming MAGNOLIA upgrade.\n\nExternal incentive details:\n\nSifchain’s external incentive program will allocate a total of 40 million ROWAN in external rewards to the two pools over a span of 30 epochs. It will begin after the upcoming deployment of Sifchain’s MAGNOLIA upgrade which will enable IBCv2 transfers.\n\nROWAN:OSMO: ~375K ROWAN per epoch\nROWAN:ETH: ~958K ROWAN per epoch.\n\nOnce the signal proposal is passed, the pools will be added to the regular OSMO incentive and OSMO matched external incentive update proposal through the onboarding process.\n\nAbout Sifchain:\n\nSifchain is a Cosmos SDK built DEX that uses continuous liquidity pools to implement pools suitable to limit orders and token swaps alike. As well as being connected to the Cosmos hub via IBC, Sifchain already supports cross-chain transactions for Ethereum ERC-20 tokens.\n\n* website: https://sifchain.finance/\n* twitter: https://twitter.com/sifchain\n* discord: https://discord.gg/geqyCWSU5K\n* telegram: https://t.me/sifchain
Votes
Voter
Answer