Proposal #273

Phase out Incentives on smaller Other Category pools

Exec Legacy Content
passed
Expected result
Rejected
Turnout / Quorum
47.68% / 20.00%

Voting period

Voting ended100.0%
Voting start 2022.07.05 at 15:54:16
Voting end 2022.07.10 at 15:54:16

Vote distribution

39.55%
39 092 473 osmo
Yes
5.11%
5 052 279 osmo
No
0.09%
88 844 osmo
Veto
55.25%
54 605 859 osmo
Abstain

Details

logo
Proposer
-
Total deposit
500 osmo
Submit time
2022.07.05 at 15:51:48
Deposit end time
2022.07.19 at 15:51:48

Description

  • By voting YES on this proposal, OSMO stakers voice their support for a staged removal of OSMO incentives from the listed pools.\n\n* By voting NO on this proposal, OSMO stakers voice their dissent to a staged removal of OSMO incentives from the listed pools\n\nDetails\nThis proposal asks that Osmosis incentives on smaller Other category pools be removed.\nThese total around 0.28% of incentive emissions and are the smallest non-OSMO pools being incentivised by TVL.\n Pools selected are the lowest TVL Other Category pools as shown here: https://commonwealth-uploads.s3.us-east-2.amazonaws.com/2fe762a2-674c-4645-a37a-ccaa4bf8aef1.1656684001116\nMatched incentives will not be removed by this proposal.\nIn contrast to Proposal 271 Incentives will be removed over three weeks at regular incentive proposals as follows:\n* Week 1 - 66%\n* Week 2 - 33%\n* Week 3 - 0%\n\n## Affected pools overlapping with Proposal 271\nIf Proposal 271 passes then these will not be staggered as their incentives will have already been voted to reduce to 0.\n* 572 ATOM/BCNA\n* 606 ATOM/HUAHUA\n* 643 ATOM/UMEE\n* 618 ATOM/DSM\n* 555 ATOM/LIKE\n* 645 ATOM/DEC\n* 558 ATOM/IXO\n* 617 ATOM/CHEQ\n* 616 ATOM/LUM\n* 638 ATOM/DARC\n* 596 ATOM/BOOT\n\n## Affected pools solely on this proposal:\n* 548 EEUR/REGEN\n* 8 ATOM/IRIS\n* 574 ATOM/BTSG\n* 22 ATOM/REGEN\n* - 464 ATOM/NGM\n\n* 183 ATOM/IOV\n\nAs this is a bundle proposal, please vote no if you do not approve of any of these pools being removed and a smaller set will be proposed. If the result of this proposal is overwhelmingly Yes (75%+) then secondary proposals will be raised with smaller clusters of pools to remove.\n\nCommonwealth Thread: https://gov.osmosis.zone/discussion/5789-remove-incentives-from-x-assets

Votes

Voter
Answer