Proposal #169

Match External Incentives for CMDX/OSMO and CMDX/ATOM pairs

Exec Legacy Content
passed
Expected result
Passed
Turnout / Quorum
31.98% / 20.00%

Voting period

Voting ended100.0%
Voting start 2022.03.08 at 12:32:22
Voting end 2022.03.11 at 12:32:22

Vote distribution

80.09%
53 098 691 osmo
Yes
9.70%
6 428 160 osmo
No
0.01%
5 860 osmo
Veto
10.21%
6 766 083 osmo
Abstain

Details

logo
Proposer
-
Total deposit
500 osmo
Submit time
2022.03.08 at 12:10:40
Deposit end time
2022.03.22 at 12:10:40

Description

As established in Osmosis proposal 47 (https://www.mintscan.io/osmosis/proposals/47) the matching of external incentives requires a governance vote to add to the incentive model.

  • Proposal Details*

Match external incentives provided by the Comdex team for CMDX/ATOM (pool 600) and CMDX/OSMO (pool 601) the external incentives will continue for 180 epochs ONLY for the 7-day and 14-day unbonding period gauges.

  • By voting YES on this proposal, external CMDX incentives will be matched by corresponding OSMO rewards.
  • By voting NO on this proposal, external CMDX incentives will NOT be matched by corresponding OSMO rewards.

Context The Comdex team will be providing 2,000,000 CMDX across CMDX/ATOM pool 600 and CMDX/OSMO pool 601 amounting to ~3,600,000 USD (calculated at 1.80 USD per CMDX) over the course of 180 epochs beginning Monday, March 14th 2022

The CMDX incentives are as follows:

  • CMDX/ATOM (Pool #600): ~5,555 CMDX per day amounting to ~10,000 USD
  • CMDX/OSMO (Pool #601): ~5,555 CMDX per day amounting to ~10,000 USD

Votes

Voter
Answer