Match CMDX External Incentives for Pools 600 and 601
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Description
Background As established in Osmosis Proposal 47 (https://www.mintscan.io/osmosis/proposals/47) the matching of external incentives requires a governance vote to add to the incentive model.
** Proposal Details** Match external incentives provided by the Comdex team for CMDX/ATOM (pool 600) and CMDX/OSMO (pool 601). External incentives have already begun and will continue for 90 epochs.
- By voting YES on this proposal, external CMDX incentives will be matched at ~$72,000 per day
- By voting NO on this proposal, external CMDX incentives will NOT be matched at ~$72,000 per day
** Context ** The Comdex team has provided 3,000,000 CMDX across CMDX/ATOM pool 600 and CMDX/OSMO pool 601 amounting to ~$6,500,000 over the course of 90 epochs beginning Wednesday, December 8th and 12:00 UTC.
The CMDX incentives are as follows:
- CMDX/ATOM (Pool #600): ~16667 CMDX per day amounting to ~$36,000
- CMDX/OSMO (Pool #601): ~16667 CMDX per day amounting to ~$36,000
Therefore, the final ask for the Osmosis incentive match is for ~$72,000 per day.
As passed in Osmosis Proposal 54 https://www.mintscan.io/osmosis/proposals/54, these matched incentives would be in addition to the existing incentives gained from fee subsidies.
COMMONWEALTH DISCUSSION THREAD https://commonwealth.im/osmosis/proposal/discussion/2905-match-external-incentives-for-cmdxatom-and-cmdxosmo-pairs
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