Proposals of #108

Extend Osmosis Pool Incentives

Exec Legacy Content
passed
Expected result
Turnout / Quorum
52.37% / 20.00%
Voting start 2023.01.19 at 20:01:00
Voting end 2023.01.22 at 20:01:00
92.00%
387 259 602 stars
Yes
1.00%
4 204 368 stars
No
0.01%
39 000 stars
Veto
6.99%
29 415 103 stars
Abstain

Details

Proposer
-
Total deposit
5 000 stars
Submit time
2023.01.19 at 20:01:00
Deposit end time
2023.02.02 at 20:02:00

Description

Extending the ATOM/STARS Pool Incentives on Osmosis

The Stargaze core team proposes to allocate 1,250,000 STARS for the STARS/ATOM pool on Osmosis to be paid for by the Stargaze community pool.

  • 1,250,000 STARS will be allocated to the ATOM/STARS over 60 days

This is done to ensure the depth of the STARS liquidity pools on Osmosis.

This proposal, if passed, would distribute the requested LP amount to the same multi-sig account as Prop #1, #23, and #56, which will deploy the funds to the above-mentioned pools on Feb 2nd, 2023, when the current STARS incentives expire.

These incentives will go live on Feb 2nd, 2023.

The ATOM/STARS external incentives are extended 60 days to give Stargaze time to launch and test the new AMM that will host the ATOM/STARS on Stargaze itself.

Extending the incentives for the STARS/OSMO pool will be made as a separate proposal once they are close to expiring.

The Multisig

  • James Parillo, Figment
  • Shane Vitarana, Stargaze
  • Jeonghwan, Cosmostation

Voting

By voting Yes you agree to spend the Community Pool funds.

By voting No you reject spending Community Pool funds.

Votes

Voter
Answer