Proposal #425

Signalling Proposal for OSMO/BUSD (#899) incentivised pool

Exec Legacy Content
passed
Expected result
Passed
Turnout / Quorum
55.85% / 20.00%

Voting period

Voting ended100.0%
Voting start 2023.02.07 at 13:45:51
Voting end 2023.02.12 at 13:45:51

Vote distribution

83.94%
97 184 562 osmo
Yes
0.61%
704 833 osmo
No
0.00%
2 943 osmo
Veto
15.45%
17 890 613 osmo
Abstain

Details

logo
Proposer
-
Total deposit
1 600 osmo
Submit time
2023.02.07 at 13:42:59
Deposit end time
2023.02.21 at 13:42:59

Description

This is a signalling proposal to include the BUSD pool OSMO/BUSD (#879) into the set of assets that receive OSMO liquidity incentives. After this proposal has passed governance, pool #879 will be added to the regular incentives program of Osmosis.\n\n## About BUSD\nBUSD is a 1:1 USD-backed stablecoin approved by NYDFS and issued by Paxos on Ethereum. Binance provides Binance-Peg BUSD on other chains by locking an equivalent amount of assets on Ethereum. The current version of BUSD in use on Osmosis arrives from Ethereum via the Axelar bridge.\n\nWebsite: https://paxos.com/busd/\n\n Commonwealth Thread: https://commonwealth.im/osmosis/discussion/9766-incentivising-osmobusd

Votes

Voter
Answer