Proposal Details

Proposal #495

Passed

Proposal title

Enable Superfluid Staking on OSMO/MARS

Submit time

Deposit end time

Voting start time

Voting end time

Tally result

85.56%

Proposal #495 description

This proposal is to enable Superfluid Staking on the OSMO/MARS (#907) pool on Osmosis.

##Details OSMO/MARS is currently the 7th largest pool on Osmosis, with ~2,100,000 OSMO. At the current 50% discount rate, superfluid staking would allow a further ~1,050,000 OSMO to be used to secure the network through staking.

About MARS

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 operates 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/9987-enable-superfluid-staking-on-osmomars

Proposal #495 overview

Total votes
5,655
Voters
5,595
Total deposit
1,600 OSMO