This proposal would add LINK to the list of assets that Osmosis recognises as strategically important for growth, increasing the incentives allocated to it.
## Details
LINK is currently the rank 21 cryptocurrency by marketcap with a valuation of around .4 Billion, 9 times higher than Osmosis.
The majority of trade volume happens on centralised exchanges or alternative DEXs, not on Osmosis.
This proposal asks if Osmosis has a strategic interest in attracting more liquidity of LINK and so will enable it to access a greater proportion of liquidity incentives.
This would be the first ERC20 token added to Major rather than native tokens.
## About Chainlink
Chainlink decentralized oracle networks provide tamper-proof inputs, outputs, and computations to support advanced smart contracts on any blockchain.
Website: https://chain.link/
Commonwealth Thread: https://commonwealth.im/osmosis/discussion/11356-signalling-proposal-for-adding-link-to-major