Proposal #218

Signalling Proposal for Incentivized Canonical USDC pool

Exec Legacy Content
passed
Expected result
Passed
Turnout / Quorum
38.51% / 20.00%

Voting period

Voting ended100.0%
Voting start 2022.05.03 at 18:13:29
Voting end 2022.05.08 at 18:13:29

Vote distribution

93.43%
74 598 927 osmo
Yes
0.35%
281 763 osmo
No
0.01%
7 861 osmo
Veto
6.21%
4 954 990 osmo
Abstain

Details

logo
Proposer
-
Total deposit
505 osmo
Submit time
2022.05.03 at 11:06:55
Deposit end time
2022.05.17 at 11:06:55

Description

By voting YES on this proposal, OSMO stakers voice their support in adding OSMO incentives to the OSMO/USDC (#678) pool on Osmosis.\n\n By voting NO on this proposal, OSMO stakers voice their dissent in adding OSMO incentives to the OSMO/USDC (#678) pool on Osmosis.\n\n Details\n This is a signalling proposal to include the, now canonical Axelar USDC pool, OSMO/USDC (#678) pool into the set of assets that receive OSMO liquidity incentives. After this proposal has passed governance, this pool will be added to the regular incentive program of OSMO and will begin the onboarding process.\n\nAbout USDC\nUSD Coin (USDC) is a stablecoin redeemable on a 1:1 basis for US dollars, backed by dollar denominated assets held in segregated accounts with US regulated financial institutions.\n Since its launch in 2018, USDC has become powerful market infrastructure for applications and businesses of all sizes in nearly every industry. USDC flows seamlessly across many of the world’s leading blockchains and is widely used throughout this transformative internet layer.\n Website: https://www.circle.com/en/usdc\n\nFurther details and discussion: https://gov.osmosis.zone/discussion/4634-signalling-proposal-for-incentivized-canonical-usdc-pool

Votes

Voter
Answer