Prop 554: Phase out Incentives on Low Revenue Pools Part 2

Phase out Incentives on Low Revenue Pools Part 2

Description

Following the discussion on proposal #376, based on this commonwealth post here. We are proposing to remove incentives from the following pools based on their low volume and generated fees. The following 9 pools are the lowest in fees generated, generating less than $10 in fees per day. Omitted are pools that have external incentives like NCT and BTSG.

Pool 608 OSMO LUM

Pool 577 OSMO XKI

Pool 602 OSMO CHEQ

Pool 900 OSMO FTM

Pool 648 OSMO PSTAKE

Pool 651 OSMO SWTH

Pool 42 OSMO REGEN

Pool 626 OSMO BAND

Pool 731 OSMO LINK

This proposal would also remove the minimum incentives on the following pools:

CRO (9), currently 2%

DAI (674), currently 3.5%, for the same reasons - DAI isn't used anywhere.

DOT (773), currently 0.5%, came in before the bootstrapping expiry was a standard.

Schedule

Incentives on the following pools will be removed over two weeks at regular incentive proposals as follows: Week 1 - 50% Week 2 - 0%

Voting

By voting YES on this proposal, OSMO stakers voice their support for a staged removal of OSMO incentives from the listed pools.

By voting NO on this proposal, OSMO stakers voice their dissent to a staged removal of OSMO incentives from the listed pools.