Proposal #518

Match External Incentives for qOSMO:OSMO pool (#956)

Exec Legacy Content
passed
Expected result
Passed
Turnout / Quorum
63.48% / 20.00%

Voting period

Voting ended100.0%
Voting start 2023.05.26 at 13:18:09
Voting end 2023.05.31 at 13:18:09

Vote distribution

77.46%
101 925 335 osmo
Yes
1.62%
2 127 297 osmo
No
0.00%
4 653 osmo
Veto
20.92%
27 534 394 osmo
Abstain

Details

logo
Proposer
-
Total deposit
1 600 osmo
Submit time
2023.05.26 at 12:59:31
Deposit end time
2023.06.09 at 12:59:31

Description

This is a signaling proposal to request matching of external QCK incentives for the qOSMO : OSMO (pool 956) with OSMO incentives for an initial period of 60 days.

We plan to use these 60 days to gauge liquidity growth on the pool before deciding to make a more comprehensive proposal to add the qOSMO pool to the list of pools that receive continual incentives.

Quicksilver currently incentivizes the pool with 1k QCK a day. We will extend these incentives to match the timeline of this proposal.

Quicksilver is the liquid staking zone custom-built for the Cosmos ecosystem. It offers users the ability to stake a native chain’s asset and mint a qAsset that represents their principal stake and staking rewards they accrue. Currently, four chains are onboarded onto Quicksilver: Cosmos Hub (ATOM), Osmosis Zone (OSMO), Stargaze Zone (STARS), and Regen Network (REGEN).

Commonwealth thread: https://gov.osmosis.zone/discussion/11373-signaling-proposal-for-incentives-for-qosmoosmo-pool

Votes

Voter
Answer