This governance proposal aims to enable QSR incentives for Osmosis pool #1314. The objective is to attract additional liquidity to the QSR/OSMO supercharged liquidity pool #1314 on Osmosis.
DescriptionThis proposal seeks authorization for a one-time transfer of 454,000 QSR to be distributed over a 60-day period, sourced from the Quasar Association Pool. These tokens will function as incentives on Osmosis pool #1314.
This incentivization is designed to also elevate the actual annual percentage rate (APR) of the Quasar QSR/OSMO CL Strategy vault.
It’s noteworthy that Osmosis pool #1314 also contains Quasar protocol owned liquidity (POL). All QSR incentives rewarded to the POL positions shall be reimbursed to the Quasar Association Pool following the conclusion of the 60-day incentive period. Should the 60-day incentive period be extended by additional governance proposals, the reimbursement shall occur after the final extension concludes.
In the future, the community should consider launching similar programs with Osmosis or other ecosystems which have Quasar vaults with different parameters. Any future program is outside of the scope of this governance action and will require a new proposal. In the event that there are unused funds, those funds will be returned to the Quasar Association Pool.