Proposal #457

Signalling Proposal for OSMO/CMST incentives

Exec Legacy Content
passed
Expected result
Rejected
Turnout / Quorum
58.11% / 20.00%

Voting period

Voting ended100.0%
Voting start 2023.03.08 at 07:21:44
Voting end 2023.03.13 at 07:21:44

Vote distribution

29.84%
35 944 245 osmo
Yes
0.84%
1 006 620 osmo
No
0.01%
15 050 osmo
Veto
69.32%
83 504 149 osmo
Abstain

Details

logo
Proposer
-
Total deposit
1 600 osmo
Submit time
2023.03.08 at 07:21:44
Deposit end time
2023.03.22 at 07:21:44

Description

This is a signalling proposal to include the CMST pool CMST/OSMO (#857) into the set of assets that receive OSMO liquidity incentives. After this proposal has passed governance, pool #857 will be added to the regular incentives program of Osmosis.

Signalling Proposal #442 to recognize CMST as a Stablecoin asset has passed - https://www.mintscan.io/osmosis/proposals/442 CMST is a part of the biggest 3-token pool, #908 on Osmosis.

About CMST: CMST is an overcollateralized, decentralised stablecoin, soft-pegged to the US Dollar, that aims to be the liquidity unifying stabletoken in the broader interchain ecosystem. Harbor protocol is a stablecoin protocol on the Comdex chain for minting CMST can be minted using decentralised interchain assets like ATOM, OSMO, stATOM, stOSMO, and more as collateral. Being fully governed by HARBOR holders, and backed by a large range of decentralised assets, CMST is positioned to be the prime stable token for the interchain DeFi ecosystem.

The process of deriving the risk metrics can be found in: https://blog.comdex.one/risk-assessment-on-harbor-protocol-cbd228f00c6b

Website:https://harborprotocol.one/home

Commonwealth Discussion: https://commonwealth.im/osmosis/discussion/10260-signalling-proposal-for-cmstosmo-857-incentivized-pool

Votes

Voter
Answer