Proposal #70

Signaling proposal for XKI incentivized pools

Exec Legacy Content
passed
Expected result
Rejected
Turnout / Quorum
12.05% / 20.00%

Voting period

Voting ended100.0%
Voting start 2021.11.16 at 12:57:15
Voting end 2021.11.19 at 12:57:15

Vote distribution

96.62%
24 132 544 osmo
Yes
0.90%
224 107 osmo
No
0.01%
2 155 osmo
Veto
2.48%
618 381 osmo
Abstain

Details

logo
Proposer
-
Total deposit
500 osmo
Submit time
2021.11.16 at 10:35:00
Deposit end time
2021.11.30 at 10:35:00

Description

By voting YES to this proposal, OSMO stakers simply signal their support for: Adding OSMO incentives to XKI/OSMO and XKI/UST pools through the Semi Automatic Incentive Adjustment.

By voting NO on this proposal, OSMO stakers voice their dissent for: Adding OSMO incentives to XKI-liquidity pools on Osmosis.

** Details **

The following proposal is a basic signaling proposal to initiate the processes needed to include XKI pairs into the set of assets that get OSMO LP incentives.

Regular XKI/OSMO and XKI/UST pools have gone live on Osmosis AMM and liquidity has been bootstrapped by the Ki Foundation.

** Expected benefits **

The Liquidity Providers will then benefit from following incentives on OSMO/XKI & UST/XKI pools:

  1. OSMO incentives for LP
  2. SWAP Fees

In order to incentivize more liquidity to be provided, the Ki Foundation will fund an additional incentive in XKI on the related pools.

By supporting these benefits, you will help grow the XKI liquidity pools and strengthen both core assets of future DeFi Protocols such as Klub Yield as presented on the Cosmoverse conference ( https://www.youtube.com/watch?v=43i9lHY0E08&t=31148s )

** About Ki & Klub **

Ki is offering the compliant gateway from the Fiat world to DeFi, through Klub Ki is building DeFi protocols that will live on top of Juno while being operated through interchain accounts of multiple chains.

Website: https://foundation.ki Twitter: https://twitter.com/Ki_Foundation

Klub App on the stores: iPhone: https://apps.apple.com/us/app/klub/id1545143892 Android: https://play.google.com/store/apps/details?id=ki.foundation.klub&hl=en_US&gl=US

COMMONWEALTH DISCUSSION THREAD

https://commonwealth.im/osmosis/proposal/discussion/2525-signaling-proposal-for-ki-xki-incentivized-pools

Votes

Voter
Answer