Proposal #731

Enable Superfluid Staking for USDC pools

Exec Legacy Content
passed
Expected result
Passed
Turnout / Quorum
114.88% / 20.00%

Voting period

Voting ended100.0%
Voting start 2024.02.15 at 19:32:41
Voting end 2024.02.20 at 19:32:41

Vote distribution

99.82%
237 726 219 osmo
Yes
0.02%
56 339 osmo
No
0.00%
10 900 osmo
Veto
0.16%
372 172 osmo
Abstain

Details

logo
Proposer
osmo19mywfjzj324w5ukf...
Total deposit
1 600 osmo
Submit time
2024.02.15 at 19:32:41
Deposit end time
2024.02.29 at 19:32:41

Description

This proposal would enable Superfluid Staking for OSMO pairings of USDC. \n\nThese pools are: \n* 1369 (0.2% Classic) \n* 1221 (0.2%) \n* 1263 (0.05%) \n* 1464 (0.01%) \n\nAdding these pools to Superfluid Staking allows users in a Classic pool or who have a passive position in a Supercharged pool to stake the OSMO portion of their liquidity. \n\nAt the current 25% discount rate, 75% of the OSMO in a position is able to be staked. \n\nThis proposal asks whether governance trusts in the stability and security of USDC via Noble sufficiently to allow their tokens to have an influence on Osmosis governance. \n\n## About USDC \nUSDC is a digital dollar issued by Circle, also known as a stablecoin, running on many of the world’s leading blockchains. Designed to represent US dollars on the internet, USDC is backed 100% by highly liquid cash and cash-equivalent assets so that it's always redeemable 1:1 for USD. \n\n## About Noble \nNoble is an appchain purpose-built for native asset issuance in Cosmos and the boundless Inter-Blockchain Communication (IBC) ecosystem. \n\nForum Thread: https://forum.osmosis.zone/t/enable-superfluid-staking-for-usdc-pools/2403

Votes

Voter
Answer