Proposal #885

Adjust Set of Superfluid Pools - Removals

Exec Legacy Content
passed
Expected result
Passed
Turnout / Quorum
92.84% / 20.00%

Voting period

Voting ended100.0%
Voting start 2025.01.08 at 13:30:07
Voting end 2025.01.13 at 13:30:07

Vote distribution

97.42%
187 496 143 osmo
Yes
0.09%
171 494 osmo
No
0.00%
3 288 osmo
Veto
2.49%
4 791 906 osmo
Abstain

Details

logo
Proposer
osmo19w2t4ue7qpdh6022...
Total deposit
1 600 osmo
Submit time
2025.01.08 at 13:30:07
Deposit end time
2025.01.22 at 13:30:07

Description

This proposal would adjust the set of Superfluid pools to support the OSMO decoupling initiative and encourage the migration of assets from variant to alloyed assets. \n\nWhile Superfluid can be used for users to hold OSMO and another token long-term while contributing to the security of the chain, the set of pools included was reduced heavily in Proposal 807 to a core set of assets. \n\nSince this proposal, incentives have been removed from all OSMO pairings except stable pairings Proposal 824 as part of the OSMO decoupling initiative, which aims to increase the independence of the OSMO token from the previous routing strategy. \n\nThis includes Stable tokens such as USDC and USDT and high market cap tokens such as BTC, ETH, and SOL. \n\nIn addition, alloy assets are increasingly used in Osmosis as the main representative of these assets. Maintaining Superfluid on the variant pools and not on the Alloy pairings gives an incentive not to migrate, restricting the growth of Alloys over these previously approved variants. \n\nThis proposal would remove Superfluid from all currently approved pools, except USDC pairings. \n## Superfluid Pools to be Removed\nDAI \n* cl/pool/1066 0.2% \n\nWBTC.eth.axl \n* cl/pool/1090 0.2% \n* cl/pool/1430 0.01% \n\nETH.axl \n* cl/pool/1134 0.2% \n* cl/pool/1281 0.05% \n* cl/pool/1477 0.01% \n\nATOM \n* cl/pool/1135 0.2% \n* cl/pool/1265 0.05% \n* cl/pool/1399 0.01% \n* cl/pool/1400 0% \n\nTIA \n* cl/pool/1248 0.2% \n* cl/pool/1347 0.05% \n\nWBTC \n* cl/pool/1432 0.2% \n* cl/pool/1433 0.05% \n* cl/pool/1434 0.01% \n\nstOSMO \nThis should have been removed in Proposal 807 but was missed in the parameters in error \n* gamm/pool/833 \n\nForum Thread: https://forum.osmosis.zone/t/adjust-set-of-superfluid-pools/3373

Votes

Voter
Answer