Phase out Incentives on Low Revenue Pools
passed
Expected result
Passed
Turnout / Quorum
58.69% / 20.00%
Voting period
Voting ended100.0%
Voting start 2022.12.07 at 14:54:13
Voting end 2022.12.12 at 14:54:13
Vote distribution
63.44%
77 195 002 osmo
Yes
6.28%
7 636 513 osmo
No
0.00%
2 255 osmo
Veto
30.28%
36 845 401 osmo
Abstain
Details
Proposer
-
Total deposit
1 600 osmo
Submit time
2022.12.07 at 14:48:17
Deposit end time
2022.12.21 at 14:48:17
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\n## Details\nThis proposal asks that Osmosis incentives on under-utilised pools be removed to align the Minor/OSMO category to pools that are strategically important to Osmosis to acquire liquidity of but do not meet the requirements to have Major/OSMO.\n\nThis proposal includes the lowest nine Minor pools by fees generated, totalling around 0.08% of incentive emissions as well as the lowest three Other category pools.\n\nAny matched incentives would not be removed by this proposal as these are a way for projects to split the cost of liquidity beyond that sustained by swap fees or provided by the team.\n\n### Proposed pools\nIncentives on the following pools will be removed entirely at the next regular incentive proposal\n* 549 EEUR/JUNO\n* 637 OSMO/DARC\n\nIncentives on the following pools will be removed over two weeks at regular incentive proposals as follows:\nWeek 1 - 50%\nWeek 2 - 0%\n\n* 557 OSMO/IXO\n* 621 OSMO/DIG\n* 553 OSMO/LIKE\n* 461 EEUR/NGM\n* 613 OSMO/VDL\n* 197 OSMO/IOV\n* 619 OSMO/DSM\n* 644 OSMO/DEC\n* 571 OSMO/BCNA\n* 6 ATOM/DVPN\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.\n\nCommonwealth Thread: https://commonwealth.im/osmosis/discussion/7916-phase-out-incentives-on-low-revenue-pools
Votes
Voter
Answer