This proposal is to enable Superfluid Staking on the SOMM/OSMO (#627) pool on Osmosis.

Details

SOMM/OSMO pool has been on Osmosis since Feb 2022 and currently has 322,167 USD TVL, with ~203,800 OSMO. At the current superfluid risk factor at 50%, superfluid staking would allow a further ~101,900 OSMO to be used to secure the network through staking. ##About Sommelier Sommelier is built on the Cosmos SDK to maximize interoperability with other blockchains, and the platform is a reimagined gateway into interchain DeFi. With a bridge in place connecting the Cosmos-based platform to Ethereum, Sommelier will be able to execute strategies across multiple blockchains, opening a wide horizon of possibilities.

Recently, Sommelier recorded +18.8m USD TVL in strategy vaults after the launch of Real-Yield USD & ETH strategies.

Website: https://sommelier.finance

Commonwealth Thread: https://commonwealth.im/osmosis/discussion/11307-enable-superfluid-staking-on-sommosmo