Signaling Proposal to match external incentives for the ROWAN:OSMO pool and amend Proposal 135’s swap fee
passed
Expected result
Passed
Turnout / Quorum
24.19% / 20.00%
Voting period
Voting ended100.0%
Voting start 2022.02.03 at 14:52:23
Voting end 2022.02.06 at 14:52:23
Vote distribution
92.84%
46 568 975 osmo
Yes
1.06%
532 816 osmo
No
0.04%
22 003 osmo
Veto
6.05%
3 034 281 osmo
Abstain
Details
Proposer
-
Total deposit
500 osmo
Submit time
2022.02.03 at 14:50:18
Deposit end time
2022.02.17 at 14:50:18
Description
- By voting YES to this proposal OSMO stakers signal their support for including the ROWAN:OSMO pool 629 in the set of assets that has external incentives matched and support amending the swap fee specified in proposal 135 (details below).\n* By voting NO to this proposal OSMO stakers signal their dissent against including the ROWAN:OSMO pool 629 in the set of assets that has external incentives matched and decline to amend the swap fee specified in proposal 135 (details below).\n\nDetails:\nThis proposal is a signaling proposal put forth by the core development team at Sifchain (as opposed to Nos Node’s, who is not affiliated with Sifchain, Proposal 135). It signals the inclusion of the ROWAN:OSMO pool 629 into the set of assets that gets external incentives matched with additional OSMO incentives (detailed below).\n\nBy voting yes on this proposal OSMO stakers also agree to change the swap fee set forth in Proposal 135 to 0.3% from 0.2% for the ROWAN:OSMO pool 629 which was signaled to receive regular OSMO incentives.\n\nPlease note: Sifcore is adding a large amount of initial liquidity to the ROWAN:OSMO pool and believes that it is relevant for them to set the swap fee.\n\nIf this proposal passes:\nROWAN:OSMO pool 629 will receive the regular OSMO incentives agreed upon in Proposal 135, have a swap fee of 0.3%, and will be added to the OSMO matched external incentive update proposal through the onboarding process.\n\nExternal incentive details:\nSifchain’s external incentive program will allocate a total of 10 million (10,000,000) ROWAN in external rewards to the pool over a span of 28 epochs. This amounts to ~357,142 ROWAN per epoch in external rewards.\n\nAbout Sifchain:\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\n
Votes
Voter
Answer