Proposal #502

Signaling Proposal for ARB/OSMO incentivized pool

Exec Legacy Content
passed
Expected result
Passed
Turnout / Quorum
63.34% / 20.00%

Voting period

Voting ended100.0%
Voting start 2023.05.08 at 23:06:26
Voting end 2023.05.13 at 23:06:26

Vote distribution

87.51%
114 906 383 osmo
Yes
0.09%
113 738 osmo
No
0.00%
1 328 osmo
Veto
12.41%
16 290 431 osmo
Abstain

Details

logo
Proposer
-
Total deposit
1 600 osmo
Submit time
2023.05.08 at 23:00:07
Deposit end time
2023.05.22 at 23:00:07

Description

This is a signaling proposal to include the Arbitrum pool ARB/OSMO (#1011) into the set of assets that receive OSMO liquidity incentives.

After this proposal has passed governance, pool #1011 will be added to the regular incentives program of Osmosis.

About Arbitrum

Arbitrum is an Ethereum L2, optimistic rollup. As an Ethereum scaling protocol, it makes transactions significantly faster and cheaper. The team at Offchain Labs launched the flagship chain, Arbitrum One, in May of 2021, and the Arbitrum ecosystem has quickly become a hub for DeFi. A separate AnyTrust chain, Arbitrum Nova was introduced in July of 2022 which is optimized for low-cost transactions.

The ARB token airdrop on March 23, 2023 decentralized governance of both Arbitrum chains and their underlying protocols. As part of this initial decentralization effort, 113 million ARB tokens were distributed to DAOs building apps on Arbitrum via an airdrop to their respective treasury addresses.

ARB is currently provided on Osmosis via the Axelar bridge.

Website: https://arbitrum.foundation/

Commonwealth Thread: https://commonwealth.im/osmosis/discussion/11358-arbitrum-incentives

Votes

Voter
Answer