Prop 414: Allow Mars Outpost Contracts to be Uploaded to Osmosis

This proposal would allow osmo1cd4nn8yzdrrsfqsmmvaafq8r03xn38qgqt8fzh to upload contracts for a Mars Protocol outpost on Osmosis.

Details

This proposal gives the address osmo1cd4nn8yzdrrsfqsmmvaafq8r03xn38qgqt8fzh the ability to upload CosmWasm contracts to Osmosis without seeking further governance approval for each upload. This address is administered by Delphi Labs.

Governance approval for contract upload was originally intended to keep the set of DApps running on Osmosis consistent with its objective of being a DeFi hub for the Interchain.

While this proposal gives authority for osmo1cd4nn8yzdrrsfqsmmvaafq8r03xn38qgqt8fzh to permissionlessly upload CosmWasm contracts to Osmosis, governance only signals approval for contracts relating to the function of a Mars Protocol Outpost.

About Mars Protocol

Mars protocol is a Money Market and Credit protocol initially launched on Terra that has launched a Cosmos chain as the hub of its operations for the IBC network. Mars' first outpost of operations will be on Osmosis as the home of the deepest liquidity across IBC and enable users to lend, borrow and earn against Mars governance gated credit lines.

Website: https://marsprotocol.io/

Commonwealth Thread:https://commonwealth.im/osmosis/discussion/9545-allow-mars-outpost-contracts-to-be-uploaded-to-osmosis