Enable Superfluid Staking on OSMO/AVAX
Voting period
Vote distribution
Details
Description
On passing, this proposal would enable Superfluid Staking on the OSMO/(w)AVAX (#899) pool on Osmosis. \n\n## Details**\nSuperfluid proposals ask whether governance trusts in the stability and security of the chain sufficiently to allow their tokens to have an influence on Osmosis governance. \n\nThis proposal would enable Superfluid Staking in the OSMO/(w)AVAX pool (#899). \n\nIf enabled at the current 50% discount rate, an additional ~70 thousand OSMO can be used to secure the network through staking.\n\nThis proposal comes after the bootstrapping period for AVAX implemented in Proposal 410 has ended.\n\n## About AVAX\nAVAX is the native token of the Avalanche platform and is used to secure the network through staking, pay for fees, and provide a basic unit of account between the multiple subnetworks created on the Avalanche platform. wAVAX is the wrapped version of AVAX that enables use on the Avalanche network. \n\nWebsite: https://www.avax.network\n\n Commonwealth Thread: https://commonwealth.im/osmosis/discussion/10090-enable-superfluid-staking-on-osmoavax
Votes