Osmosis Grants Program (OGP) Renewal
passed
Expected result
Rejected
Turnout / Quorum
73.84% / 20.00%
Voting period
Voting ended100.0%
Voting start 2022.11.14 at 16:38:38
Voting end 2022.11.19 at 16:38:38
Vote distribution
43.84%
67 103 545 osmo
Yes
12.18%
18 639 964 osmo
No
3.22%
4 928 582 osmo
Veto
40.77%
62 409 306 osmo
Abstain
Details
Proposer
-
Total deposit
1 600 osmo
Submit time
2022.11.14 at 02:37:39
Deposit end time
2022.11.28 at 02:37:39
Description
By voting YES, OSMO stakers signal their support for a 12 month renewal of the Osmosis Grants Program with Reverie continuing as Grants Lead.
By voting NO, OSMO stakers voice their dissent for a 12 month renewal of the Osmosis Grants Program.
The Osmosis Grants Program (OGP) has been active for 6 months, and is now looking to renew for an additional 12 months with some changes to the program. The details are outlined below.
Details
- The OGP will continue its core objective of issuing grants to contributors that can deliver long-term value to Osmosis.
- The OGP will add to this objective the incubation of new subDAOs and Strategic Initiatives to tackle protocol functions.
- Reverie will continue to serve as Grants Lead and is requesting 55,000 USDC and 25,000 OSMO per month in renewed compensation.
- Reverie will add more transparency through monthly reporting, calls, and other frequent reports.
- Jeremy Parish and Monetsupply will be added as two new signers on the OGP multi-sig.
As part of this proposal, the community will have an option to terminate Reverie’s involvement with the OGP after 6 months.
Commonwealth Thread
Votes
Voter
Answer