Proposal #735

Enable Superfluid Staking for WBTC pools

Exec Legacy Content
passed
Expected result
Passed
Turnout / Quorum
106.45% / 20.00%

Voting period

Voting ended100.0%
Voting start 2024.02.20 at 18:04:21
Voting end 2024.02.25 at 18:04:21

Vote distribution

87.04%
192 081 955 osmo
Yes
0.03%
75 671 osmo
No
0.01%
17 842 osmo
Veto
12.92%
28 513 463 osmo
Abstain

Details

logo
Proposer
osmo19w2t4ue7qpdh6022...
Total deposit
1 600 osmo
Submit time
2024.02.20 at 18:04:21
Deposit end time
2024.03.05 at 18:04:21

Description

This proposal would enable Superfluid Staking for OSMO pairings of WBTC. \n\nThese pools are: \n* 1432 (0.2%) \n* 1433 (0.05%) \n* 1434 (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 WBTC natively issued on Osmosis sufficiently to allow it to have an influence on Osmosis governance. \n\n## About WBTC \nWBTC brings Bitcoin liquidity to Defi by providing a token usable in smart contracts, backed 1:1 with Bitcoin verifiably held by a community of Custodians. \n\nAs an ERC-20 token on Ethereum, WBTC has allowed Bitcoin liquidity to be used across DeFi use cases rather than being restricted to trading on Centralised Exchanges. \n\nWBTC is now available as a native token on Osmosis with the same issuance and redemption process. \n\nWebsite: https://wbtc.network \n\nForum Thread: https://forum.osmosis.zone/t/enable-superfluid-staking-for-wbtc-pools/2420

Votes

Voter
Answer















Proposal #735: Enable Superfluid Staking for WBTC pools - Osmosis (OSMO) Mainnet Explorer