Proposal Details
Proposal #821
Proposal title
Send ampOSMO and boneOSMO liquidity to custodial multisig
Submit time
Deposit end time
Voting start time
Voting end time
Tally result
Proposal #821 description
A commonly raised concern during the SAIL clawback was the reliability and longevity of competing LST liquidity on Osmosis.
To increase the confidence in the perpetuity of this liquidity, this proposal would transfer this liquidity to a multisig for holding rather than retaining it in the community pool.
Multisig address: osmo1xdeaq4hhnalna5knp6w2g888q8hw3lemvu5847h97x6s0y2adrysv92ygu
This address is a 3/5 multisig composed of:
- JGnft (Backbone Labs)
- 0xPhillip (Eris Protocol)
- Johnny Wyles (Osmosis Foundation)
- Omniflix (Validator)
- NosNode (Validator)
This liquidity would be held for at least 6 months or until it comprises the community pool’s only OSMO liquid stake holding above the equivalent redemption rate, whichever is longer.
Representative factory tokens can be verified by viewing the underlying contract pages: ampOSMO/OSMO boneOSMO/OSMO
Forum Thread: https://forum.osmosis.zone/t/send-amposmo-and-boneosmo-liquidity-to-custodial-multisig/3016