Proposal #495

Enable Superfluid Staking on OSMO/MARS

Exec Legacy Content
passed
Expected result
Passed
Turnout / Quorum
63.39% / 20.00%

Voting period

Voting ended100.0%
Voting start 2023.04.29 at 11:49:11
Voting end 2023.05.04 at 11:49:11

Vote distribution

85.56%
112 447 565 osmo
Yes
0.19%
246 574 osmo
No
0.05%
67 447 osmo
Veto
14.20%
18 658 841 osmo
Abstain

Details

logo
Proposer
-
Total deposit
1 600 osmo
Submit time
2023.04.29 at 11:39:23
Deposit end time
2023.05.13 at 11:39:23

Description

This proposal is to enable Superfluid Staking on the OSMO/MARS (#907) pool on Osmosis. \n\n##Details\nOSMO/MARS is currently the 7th largest pool on Osmosis, with ~2,100,000 OSMO. At the current 50% discount rate, superfluid staking would allow a further ~1,050,000 OSMO to be used to secure the network through staking. \n\n## About MARS\nMars protocol is a Money Market and Credit protocol initially launched on Terra that has launched a Cosmos chain as the hub of its operations for the IBC network. Mars' first outpost operates on Osmosis as the home of the deepest liquidity across IBC and enable users to lend, borrow and earn against Mars governance gated credit lines. \n\nWebsite: https://marsprotocol.io/\n\n Commonwealth Thread: https://commonwealth.im/osmosis/discussion/9987-enable-superfluid-staking-on-osmomars

Votes

Voter
Answer