Add Polkadot (DOT) to the list of Major category assets
passed
Expected result
Passed
Turnout / Quorum
55.46% / 20.00%
Voting period
Voting ended100.0%
Voting start 2022.07.25 at 10:56:07
Voting end 2022.07.30 at 10:56:07
Vote distribution
86.10%
98 996 220 osmo
Yes
0.36%
415 590 osmo
No
0.01%
6 348 osmo
Veto
13.53%
15 561 663 osmo
Abstain
Details
Proposer
-
Total deposit
500 osmo
Submit time
2022.07.25 at 10:46:51
Deposit end time
2022.08.08 at 10:46:51
Description
- By voting YES on this proposal, OSMO stakers voice their support for adding DOT to the list of assets that receive incentives as a Major token.\n\n* By voting NO on this proposal, OSMO stakers voice their dissent to adding DOT to the list of assets that receive incentives as a Major token.\n\nDetails\nPolkadot is currently the rank 11 cryptocurrency by marketcap with a valuation of around .1 Billion, 21 times higher than Osmosis.\nThe majority of trade volume happens on centralised exchanges and not on Osmosis.\nThis proposal asks if Osmosis has a strategic interest in attracting more liquidity of Polkadot and so will enable it to access a greater proportion of liquidity incentives.\n\nThe current canonical version of DOT is the Moonbeam-wrapped version of Polkadot and requires unwrapping on the Moonbeam network from xcDOT after passing through the Axelar bridge to become native DOT. This route was established as the current canonical bridge in Proposal 249.\n\nCommonwealth Thread: https://commonwealth.im/osmosis/discussion/5271-onboarding-of-new-major-token-pool-osmodot
Votes
Voter
Answer