Proposal #76

Signaling Proposal for XKI/JUNO incentivized pool

Exec Legacy Content
passed
Expected result
Rejected
Turnout / Quorum
10.13% / 20.00%

Voting period

Voting ended100.0%
Voting start 2021.11.24 at 14:51:04
Voting end 2021.11.27 at 14:51:04

Vote distribution

71.97%
15 107 882 osmo
Yes
13.03%
2 735 737 osmo
No
0.88%
183 750 osmo
Veto
14.13%
2 965 587 osmo
Abstain

Details

logo
Proposer
-
Total deposit
500 osmo
Submit time
2021.11.22 at 15:50:15
Deposit end time
2021.12.06 at 15:50:15

Description

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

By voting NO on this proposal, OSMO stakers voice their dissent for: Adding OSMO incentives to XKI/JUNO pool on Osmosis.

** Details **

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

Regular XKI/JUNO pool have gone live on Osmosis AMM and liquidity has been bootstrapped by the Ki Foundation.

** Expected benefits **

Should this proposal pass, the Liquidity Providers will then benefit from following incentives on JUNO/XKI pool:

  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. An additional incentive is considered in JUNO through onchain governance.

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

***** OSMOSIS COMMONWEALTH DISCUSSION THREAD***** https://commonwealth.im/osmosis/proposal/discussion/2737-signaling-proposal-for-xkijuno-incentivized-pool

Votes

Voter
Answer