OSMO LST Support Re-evaluation: September 2024, Close stkOSMO position
passed
Expected result
Passed
Turnout / Quorum
96.44% / 20.00%
Voting period
Voting ended100.0%
Voting start 2024.09.25 at 16:00:03
Voting end 2024.09.30 at 16:00:03
Vote distribution
89.76%
179 454 383 osmo
Yes
0.02%
31 413 osmo
No
0.00%
7 167 osmo
Veto
10.22%
20 443 192 osmo
Abstain
Details
Proposer
osmo19w2t4ue7qpdh6022...
Total deposit
1 600 osmo
Submit time
2024.09.25 at 16:00:03
Deposit end time
2024.10.09 at 16:00:03
Description
This proposal would close the static stkOSMO position established in Proposal 771 and return the OSMO to the community pool.
This is due to the developers of stkOSMO changing their focus to Bitcoin liquid staking, as announced here.
This proposal would transfer the stkOSMO position to the Osmosis Liquidity subDAO, which would facilitate removing the liquidity and return it to the Osmosis Community Pool.
Any stkOSMO recovered by this process will be redeemed for OSMO via unstaking and also returned to the Osmosis community pool.
Votes
Voter
Answer