Signaling Proposal: BTSG Incentivized Pools

Proposal Details

This is a signaling proposal to include BTSG pools into the set of assets that receive OSMO liquidity incentives.

The following liquidity pools have been live on Osmosis since October 29, 2021.

• BTSG/OSMO (Pool #573)
• BTSG/ATOM (Pool #574)
• BTSG/UST (Pool #592)

By voting YES on this proposal, OSMO stakers voice their support in adding OSMO incentives to these BTSG liquidity pools on Osmosis.

By voting NO on this proposal, OSMO stakers voice their dissent in adding OSMO incentives to these BTSG liquidity pools on Osmosis.

After this proposal has passed governance, the Liquidity Providers on BTSG pools will benefit from the following incentives:

• OSMO incentives
• Swap fees

BitSong has already launched External BTSG Incentives for the pools to further incentivize liquidity provision.

• IPFS Proposal: ipfs://QmXojjjeguZ1P6Fr3zNxZSbxmpQQ5ZJ5XM3493ZZ2EtacT

About BitSong

BitSong is a multifunctional blockchain-based ecosystem built to empower the music industry. It unites artists, fans, distributors in an environment where music, merchandise, and fan loyalty are assets of value. BitSong’s decentralized ecosystem of services provides the global music community with a trustless marketplace for music streaming, Fan Tokens, and NFTs, powered by the BTSG token.

After launching the main BitSong blockchain in August 2020, the bitsong-2b mainnet went live on October 21, 2021. Securing deep liquidity for BTSG is now a critical component of our strategy to attract artists, fans, traders, and investors to the BitSong ecosystem.

• Website: https://bitsong.io
• Chain: https://github.com/bitsongofficial/go-bitsong
• Explorer: https://www.mintscan.io/bitsong
• Discord: https://discord.gg/mZC9Yk3