Enable Superfluid Staking on OSMO/WBTC
passed
Expected result
Passed
Turnout / Quorum
43.41% / 20.00%
Voting period
Voting ended100.0%
Voting start 2022.05.26 at 09:58:54
Voting end 2022.05.31 at 09:58:54
Vote distribution
95.99%
86 377 599 osmo
Yes
0.23%
203 901 osmo
No
0.00%
876 osmo
Veto
3.78%
3 404 198 osmo
Abstain
Details
Proposer
-
Total deposit
500 osmo
Submit time
2022.05.26 at 09:56:07
Deposit end time
2022.06.09 at 09:56:07
Description
- By voting YES on this proposal, OSMO stakers voice their support in enabling Superfluid Staking on the OSMO/WBTC(#712) pool on Osmosis.\n* By voting NO on this proposal, OSMO stakers voice their dissent in enabling Superfluid Staking on the OSMO/WBTC(#712) pool on Osmosis.\n\nDetails\nThis proposal would enable Superfluid Staking in the OSMO/WBTC pool (#712). This pool is currently the twelfth largest OSMO pool on Osmosis by Total Value Locked containing around 1.07% of all OSMO liquidity.\nAt the current 50% discount rate, this allows a further ~406 thousand OSMO to be used to secure the network through staking, in addition to the ~32.3 million OSMO from the currently enabled pools.\nThis proposal asks whether governance trusts in the stability and security of chains sufficiently to allow their tokens to have an influence on Osmosis governance.\nThe security in would be that of the Ethereum chain, the Axelar bridge and the WBTC DAO.\n\nWrapped Bitcoin is an ERC20 asset that is minted by a Bitcoin being provided to a trusted merchant as collateral, allowing Bitcoin liquidity to be utilised on the Ethereum network\nWebsite: https://wbtc.network/\n\nCommonwealth Thread: https://gov.osmosis.zone/discussion/4996-enable-superfluid-staking-on-osmowbtc-712
Votes
Voter
Answer