Proposal #561

Signalling proposal for adding LORE/OSMO to External Incentive Matching program

Exec Legacy Content
passed
Expected result
Passed
Turnout / Quorum
60.22% / 20.00%

Voting period

Voting ended100.0%
Voting start 2023.07.14 at 16:05:19
Voting end 2023.07.19 at 16:05:19

Vote distribution

75.70%
94 505 109 osmo
Yes
1.31%
1 638 963 osmo
No
0.00%
1 677 osmo
Veto
22.99%
28 702 955 osmo
Abstain

Details

logo
Proposer
-
Total deposit
1 600 osmo
Submit time
2023.07.14 at 16:05:19
Deposit end time
2023.07.28 at 16:05:19

Description

  • By voting YES on this proposal, OSMO stakers voice their support for adding the LORE/OSMO pool to the external incentive matching program.
  • By voting NO on this proposal, OSMO stakers voice their dissent for adding the LORE/OSMO pool to the external incentive matching program.

Details Osmosis is the first, and currently, the only trading venue for LORE on Cosmos. The Gitopia community has approved a governance proposal on Gitopia to allocate 20M LORE (from LBP allocation) to be used as external liquidity rewards on the LORE/OSMO pool over time. You can view more details on the proposal here: https://wallet.keplr.app/chains/gitopia/proposals/1

We propose matching the incentives with OSMO rewards to attract more liquidity to the pool. External incentives are to be run at a rate of 300k LORE/30 days until a Supercharged pool is available and will be matched until this is the case.

About Gitopia (LORE) Gitopia is a platform for developers and web3 communities to collaborate on open-source projects in a decentralized and censorship-free environment. By using permanent storage through Filecoin, Arweave, and IPFS, Gitopia ensures that your code is always accessible and safe. Additionally, it offers web3-specific features such as Bounties and Proposals, as well as familiar collaboration tools like Issues and Pull-Requests. To encourage open-source development, Gitopia also offers interchain bounties and incentives through its native LORE token.

Website: https://gitopia.com Twitter: https://twitter.com/gitopiaDAO Telegram: https://t.me/gitopia Discord: https://discord.com/invite/aqsKW3hUHD Source Code: https://gitopia.com/gitopia?tab=repositories

Forum Thread: https://forum.osmosis.zone/t/add-lore-osmo-to-external-incentive-matching-program/81

Votes

Voter
Answer