Proposal #270

Match External Incentives on OSMO/MNTL (#690)

Exec Legacy Content
passed
Expected result
Rejected
Turnout / Quorum
49.98% / 20.00%

Voting period

Voting ended100.0%
Voting start 2022.06.28 at 22:01:16
Voting end 2022.07.03 at 22:01:16

Vote distribution

45.58%
47 227 612 osmo
Yes
21.29%
22 060 613 osmo
No
0.22%
223 017 osmo
Veto
32.92%
34 106 775 osmo
Abstain

Details

logo
Proposer
-
Total deposit
500 osmo
Submit time
2022.06.28 at 21:44:45
Deposit end time
2022.07.12 at 21:44:45

Description

Match external incentives provided by the Asset-Mantle team for OSMO/MNTL (Pool #690). The external incentives were loaded for 75 epochs for the 14 day and 7 day bonding period only.

By voting YES on this proposal, external MNTL incentives will be matched by corresponding OSMO rewards.

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

Context

The Asset-Mantle team will use the 2 million MNTL tokens from unclaimed airdrop as external incentives to 14 day and 7 day bonds in the OSMO/MNTL Pool (#690) over 75 days. This is a total value of ~$160,000 or ~$2,100 a day.

External incentives will be assigned as follow:

1.5Mil assigned to 14 day bond period,

500k assigned to 7 day bonding period.

About AssetMantle (MNTL)

Redefining Digital Asset Ownership AssetMantle is a multi-tenant NFT marketplace framework that enables creators and collectors to securely mint, own, and trade digital assets on its fast-finality blockchain. The AssetMantle no-code toolset enables creators to permissionlessly create customized assets and marketplaces. Collectors can own the assets minted across these marketplaces and compatible chains in a singular wallet that can be transacted with minimal gas and a lower carbon footprint. Built on the interNFT standard, AssetMantle implements an end-to-end stack of open-source modular tools that developers can modify to fit advanced use cases.

Website: https://assetmantle.one

Twitter: https://twitter.com/AssetMantle

Discord: https://discord.gg/BSdBQ4495d

Telegram: https://t.me/assetmantlechat

Votes

Voter
Answer