Proposal #32

Clawback ALL unclaimed ION & OSMO to Community Pool after airdrop decay period?

Exec Legacy Content
passed
Expected result
Rejected
Turnout / Quorum
10.23% / 20.00%

Voting period

Voting ended100.0%
Voting start 2021.09.06 at 07:17:07
Voting end 2021.09.09 at 07:17:07

Vote distribution

94.90%
20 124 926 osmo
Yes
3.80%
806 479 osmo
No
0.00%
67 osmo
Veto
1.30%
275 421 osmo
Abstain

Details

logo
Proposer
-
Total deposit
500 osmo
Submit time
2021.09.06 at 07:16:15
Deposit end time
2021.09.20 at 07:16:15

Description

The passing of Prop #29 generated plenty of further community discussion on how to go about enacting a clawback and how to utilize it. This proposal seeks to build upon the initial consensus achieved and separate the vote on an execution framework for a clawback from any specific uses for clawedback tokens.\n\nReminder\n'Unclaimed' tokens are defined as being in wallets which have a Sequence Number = 0, which means the address has NOT performed a single action during the 6 month airdrop claim window.\n\nCLAWBACK PROPOSED FRAMEWORK\nTLDR -- Send ALL unclaimed ION & OSMO back to the community pool and prune those inactive wallets from current state.\n\nThis proposal has three key updates to highlight from the prior proposal:

  1. This is to vote for ALL unclaimed Ion be clawedback, not just 80% as was suggested in Prop #29 as an approach to synchronize Ion/Osmo airdrops.\n2) Clawing back the 20% of OSMO which sit in inactive wallets has been included. Reclaiming the idle stagnating OSMO's to support the future betterment of the Osmosis Zone seems a logical extension of the consensus to clawback unclaimed Ions. This also will keep the airdrops in alignment where both are reclaimed entirely at the end of the decay window.\n3) Pruning of the addresses from state makes complete sense because they will be totally empty and would otherwise just be unnecessarily requiring storage space.

Votes

Voter
Answer