Proposal #541

Enable Superfluid Staking on stOSMO/OSMO

Exec Legacy Content
passed
Expected result
Passed
Turnout / Quorum
69.75% / 20.00%

Voting period

Voting ended100.0%
Voting start 2023.06.20 at 22:03:11
Voting end 2023.06.25 at 22:03:11

Vote distribution

90.11%
130 290 508 osmo
Yes
2.75%
3 974 111 osmo
No
0.00%
1 094 osmo
Veto
7.14%
10 323 866 osmo
Abstain

Details

logo
Proposer
-
Total deposit
1 600 osmo
Submit time
2023.06.20 at 21:59:20
Deposit end time
2023.07.04 at 21:59:20

Description

This proposal aims to enable superfluid staking for the stOSMO/OSMO pool (#833).\n\nIn recent months, Osmosis governance has voted to display Stride liquid staked tokens (LSTs) on the Osmosis frontend UI, and to provide 5% of daily OSMO incentives to LST pools. In light of these governance decisions, it makes sense to now enable superfluid staking for the stOSMO pool.\n\nThe stOSMO pool is the sixth largest pool on Osmosis, and the only OSMO pool in the top ten without superfluid staking already enabled. At the current superfluid discount rate of 25%, enabling superfluid on the stOSMO pool would make roughly 1,650,000 OSMO eligible for staking, significantly increasing the potential economic security of the Osmosis blockchain.\n\nSee the full Commonwealth post here: https://gov.osmosis.zone/discussion/11659-superfluid-staking-for-stosmoosmo

Votes

Voter
Answer