Proposal #471

Enable Superfluid Staking on OSMO/USDT

Exec Legacy Content
passed
Expected result
Passed
Turnout / Quorum
62.38% / 20.00%

Voting period

Voting ended100.0%
Voting start 2023.03.27 at 12:14:17
Voting end 2023.04.01 at 12:14:17

Vote distribution

96.28%
124 507 812 osmo
Yes
0.07%
93 712 osmo
No
0.01%
10 204 osmo
Veto
3.64%
4 706 144 osmo
Abstain

Details

logo
Proposer
-
Total deposit
1 600 osmo
Submit time
2023.03.27 at 11:59:17
Deposit end time
2023.04.10 at 11:59:17

Description

On passing, this proposal would enable Superfluid Staking on the OSMO/USDT (#831) 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/USDT pool (#831). \n\nIf enabled at the current 50% discount rate, an additional ~88 thousand OSMO can be used to secure the network through staking.\n\n## About USDT\nLaunched in 2014, Tether was the first stablecoin issued and remains the most prevalent stablecoin in use across the crypto ecosystem. \n\nUSDT is currently provided on Osmosis via the Axelar bridge.\n\nWebsite: https://tether.to/\n\n Commonwealth Thread: https://commonwealth.im/osmosis/discussion/10497-enable-superfluid-staking-on-osmousdt

Votes

Voter
Answer