Proposal #190

Signalling Proposal for SWTH/OSMO(#651) Incentivized Pools

Exec Legacy Content
passed
Expected result
Rejected
Turnout / Quorum
39.79% / 20.00%

Voting period

Voting ended100.0%
Voting start 2022.04.05 at 05:06:44
Voting end 2022.04.10 at 05:06:44

Vote distribution

21.80%
17 981 126 osmo
Yes
20.47%
16 884 600 osmo
No
0.34%
281 183 osmo
Veto
57.39%
47 338 242 osmo
Abstain

Details

logo
Proposer
-
Total deposit
500 osmo
Submit time
2022.04.05 at 05:04:54
Deposit end time
2022.04.19 at 05:04:54

Description

Proposal for adding base OSMO rewards to the SWTH/OSMO (#651) pool. Rewards are based on swap fees collected on a rolling weekly basis, essentially a trade volume-based incentives allocation.

Proposal details Signalling proposal for a SWTH incentivized pool.

  • By voting YES on this proposal, OSMO stakers voice their support in adding OSMO incentives to the SWTH/OSMO (#651) pool on Osmosis.
  • By voting NO on this proposal, OSMO stakers voice their dissent in adding OSMO incentives to the SWTH/OSMO (#651) pool on Osmosis.

Details This is a signalling proposal to include the SWTH/OSMO (#651) pool into the set of assets that receive OSMO liquidity incentives. After this proposal has passed governance, this SWTH pool will be added to the regular incentive program of OSMO and will begin the onboarding process.

About Carbon (SWTH)

Carbon is a protocol that powers cross-chain financial markets and ecosystems. As a custom-purposed blockchain, Carbon is designed specifically to allow trading of sophisticated financial instruments such as options, bonds and futures at scale. Developers can also build any kind of DeFi application on top of Carbon, while enjoying multi-chain interoperability. Carbon is currently integrated across multiple blockchains, including Ethereum, BNB Chain, Zilliqa, Neo, as well as any IBC-compatible chain such as Osmosis, Terra, and Cosmos Hub. Carbon currently powers decentralized, cross-chain order-book trading of spot and futures markets on Demex.

Since the addition of the SWTH/OSMO pool on Osmosis last month, the pool has already garnered over USD 1.72m in liquidity, with a 7D average trading volume of USD 137k.

Via Carbon governance, additional SWTH rewards have been allocated to the OSMO/BUSD spot liquidity pool on Carbon, as well as the SWTH/OSMO pool on Osmosis.

Website: https://carbon.network Twitter: https://twitter.com/0xcarbon Telegram: https://t.me/switcheo Discord: https://discord.com/invite/SPh62Hf

Votes

Voter
Answer