Proposal #345

Signaling Proposal for STRD/OSMO (#806) Incentivised Pool

Exec Legacy Content
passed
Expected result
Passed
Turnout / Quorum
73.40% / 20.00%

Voting period

Voting ended100.0%
Voting start 2022.10.11 at 03:57:29
Voting end 2022.10.16 at 03:57:29

Vote distribution

86.14%
131 064 594 osmo
Yes
0.36%
554 624 osmo
No
0.20%
300 109 osmo
Veto
13.30%
20 237 146 osmo
Abstain

Details

logo
Proposer
-
Total deposit
1 600 osmo
Submit time
2022.10.11 at 01:44:37
Deposit end time
2022.10.25 at 01:44:37

Description

  • By voting YES on this proposal OSMO stakers voice their support for adding STRD/OSMO (#806) to the set of pools that continuously receive OSMO incentives.
  • By voting NO on this proposal OSMO stakers voice their dissent for adding STRD/OSMO (#806) to the set of pools that continuously receive OSMO incentives.

Details

This is a signaling proposal to add STRD/OSMO (#806) to the set of pools that continuously receive OSMO incentives. This pool falls into the “minor/OSMO” incentive category, which receives 14% of OSMO incentives. So the STRD/OSMO pool would get part of that 14% of OSMO incentives. OSMO incentives to the set of pools that continuously receive incentives are adjusted weekly, using the semi-automatic incentive adjustment system.

STRD/OSMO (#806) is currently incentivized with a significant amount of OSMO, which was added externally by the Stride Foundation. However, liquidity depth remains low. In the coming weeks, a large STRD airdrop will be released, including 1MM STRD to OSMO stakers. It is desirable for liquidity depth to increase to facilitate the expected uptick in trading volume.

About Stride

Stride provides liquid staking for the Cosmos. Stride is working to build deep liquid staked derivative (LSD) liquidity on Osmosis, so that Stride LSD pools can function as oracles and absorb liquidations for a number of coming Osmosis applications, the most prominent of which being Mars Protocol. Stride is significantly aligned with Osmosis. It makes sense to further that alignment by voting to add the STRD pool to the set of incentivized pools.

Commonwealth Thread

https://gov.osmosis.zone/discussion/6904-signaling-proposal-to-incentivize-strides-strd-osmo-pool/

Votes

Voter
Answer