Proposal #732

Enable Superfluid Staking for USDT pools

Exec Legacy Content
passed
Expected result
Passed
Turnout / Quorum
114.90% / 20.00%

Voting period

Voting ended100.0%
Voting start 2024.02.15 at 19:38:39
Voting end 2024.02.20 at 19:38:39

Vote distribution

99.80%
237 715 709 osmo
Yes
0.03%
82 822 osmo
No
0.00%
11 331 osmo
Veto
0.16%
379 678 osmo
Abstain

Details

logo
Proposer
osmo19mywfjzj324w5ukf...
Total deposit
1 600 osmo
Submit time
2024.02.15 at 19:38:39
Deposit end time
2024.02.29 at 19:38:39

Description

This proposal would enable Superfluid Staking for OSMO pairings of USDT. \n\nThese pools are: \n\n* 1076 (0.2%)\n* 1077 (0.05%) \n* 1465 (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 USDT via Kava sufficiently to allow their tokens to have an influence on Osmosis governance. \n\n## About USDT \nTether tokens are the most widely adopted stablecoins, having pioneered the concept in the digital token space. A disruptor to the conventional financial system and a trailblazer in the digital use of traditional currencies, Tether tokens support and empower growing ventures and innovation throughout the blockchain space. Tether tokens exist as a digital token built on multiple blockchains. \n\n## About Kava \nThe Kava Network is the first Layer-1 blockchain to combine the speed and scalability of the Cosmos SDK with the developer support of Ethereum. The Kava Network will empower developers to build for Web3 and next-gen blockchain technologies through its unique co-chain architecture. \n\nForum Thread: https://forum.osmosis.zone/t/enable-superfluid-staking-for-usdt-pools/2404

Votes

Voter
Answer















Proposal #732: Enable Superfluid Staking for USDT pools - Osmosis (OSMO) Mainnet Explorer