Proposal #536

Enable Superfluid Staking on OSMO/ARB

Exec Legacy Content
passed
Expected result
Passed
Turnout / Quorum
71.82% / 20.00%

Voting period

Voting ended100.0%
Voting start 2023.06.19 at 12:39:49
Voting end 2023.06.24 at 12:39:49

Vote distribution

90.15%
134 222 718 osmo
Yes
0.05%
72 518 osmo
No
0.05%
70 326 osmo
Veto
9.75%
14 517 039 osmo
Abstain

Details

logo
Proposer
-
Total deposit
1 600 osmo
Submit time
2023.06.19 at 12:25:50
Deposit end time
2023.07.03 at 12:25:50

Description

On passing, this proposal would enable Superfluid Staking on the OSMO/ARB (#1011) pool on Osmosis. \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/ARB pool (#1011). \n\nIf enabled at the current 25% discount rate, an additional 142 thousand OSMO can be used to secure the network through staking. \n## About Arbitrum \nArbitrum is an Ethereum L2, optimistic rollup. As an Ethereum scaling protocol, it makes transactions significantly faster and cheaper. The team at Offchain Labs launched its 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. \n\nThe 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 and airdrop to their respective treasury addresses. \n\nARB is currently provided on Osmosis via the Axelar bridge.\n\n Commonwealth Thread: https://commonwealth.im/osmosis/discussion/11656-enable-superfluid-staking-on-osmoarb

Votes

Voter
Answer