Proposal Details
Proposal #732
Proposal title
Enable Superfluid Staking for USDT pools
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Proposal #732 description
This proposal would enable Superfluid Staking for OSMO pairings of USDT.
These pools are:
Adding these pools to Superfluid Staking allows users in a Classic pool or who have a passive position in a Supercharged pool to stake the OSMO portion of their liquidity.
At the current 25% discount rate, 75% of the OSMO in a position is able to be staked.
This proposal asks whether governance trusts in the stability and security of USDT via Kava sufficiently to allow their tokens to have an influence on Osmosis governance.
About USDT
Tether tokens are the most widely adopted stablecoins, having pioneered the concept in the digital token space. A disruptor to the conventional financial system and a trailblazer in the digital use of traditional currencies, Tether tokens support and empower growing ventures and innovation throughout the blockchain space. Tether tokens exist as a digital token built on multiple blockchains.
About Kava
The Kava Network is the first Layer-1 blockchain to combine the speed and scalability of the Cosmos SDK with the developer support of Ethereum. The Kava Network will empower developers to build for Web3 and next-gen blockchain technologies through its unique co-chain architecture.
Forum Thread:https://forum.osmosis.zone/t/enable-superfluid-staking-for-usdt-pools/2404