Proposal Details

Proposal #863

Passed

Proposal title

Activate Protocol fee share agreement for nBTC

Submit time

Deposit end time

Voting start time

Voting end time

Tally result

97.50%

Proposal #863 description

This proposal activates the protocol fee share agreement for nBTC as agreed in Proposal 795.

Summary of Revenue Share

When a trade is performed on Osmosis, the protocol levies a taker fee on the token that enters the trade, which is currently set at 10 bips by default.

When a swap route involves nBTC on Osmosis, Nomic will receive 10% of the total taker fees on the swap charged by Osmosis.

For swaps not involving nBTC, but involving alloyed BTC (of which nBTC is a component), Nomic will receive a cut of the 10% rev share in proportion to nBTC’s composition of the alloy. For example, if nBTC makes up 40% of the allBTC alloy, Nomic will receive 4% of the Osmosis taker fee on that swap.

The accrued rev share fees will periodically be transferred to Nomic as nBTC and paid out according to Nomic’s regular protocol revenue distribution mechanism.

Forum Post:https://forum.osmosis.zone/t/nbtc-revenue-share-proposal/2791

Proposal #863 overview

Total votes

8,072

Voters

8,044

Total deposit

1,600 OSMO

Proposal #863 votes

Votes are not fully synced

Shown votes might be incomplete and nonvoting validators cannot be determined yet.

#	Validator	Options
1	Stakewolle.com \|100% Insurance	Yes
2	Kalia Network	Yes
3	Stakecito	Yes
4	Apeiron Nodes \| 1% Fee	Yes
5	stake.systems \| autocompound	Yes
6	Allnodes	Yes
7	Tessellated	Yes
8	S16 Research Ventures	Yes
9	Chorus One	Yes
10	Somatic Labs	Yes
11	Crypto Assassin	Yes
12	Everstake	Yes
13	0base.vc	Yes
14	coinhall.org	Yes
15	White Whale	Yes
16	NodeStake	Yes
17	Dora Factory	Yes
18	KalpaTech	Yes
19	CryptoCrew Validators ✅	Yes
20	Validatus	Yes
21	AlphaNodes🛸	Yes
22	Frens (🤝,🤝)	Yes
23	PRO Delegators	Yes
24	Quebec	Yes
25	DELIGHT	Yes
26	Interop	Yes
27	Obi	Yes
28	vido.info	Yes
29	Stake&Relax 🦥	Yes
30	Binary Builders	Yes
31	Booga Beras	Yes
32	Tedcrypto.io 🧸 \| TedLotto	Yes
33	01node	Yes
34	blockscape	Yes
35	The_Cybernetics	Yes
36	Keplr	Yes
37	ztake.org	Yes
38	DSRV	Abstain
39	in3s.com	Yes
40	Nocturnal Labs	Yes
41	Coinage x DAIC	Yes
42	PoS Node	Yes
43	GATA HUB	Yes
44	Stakely.io	Yes
45	CrowdControl	Yes
46	WhisperNode 🤐	Yes
47	Crosnest	Yes
48	Kleomedes	Yes
49	Trust Nodes	Yes
50	FreshSTAKING	Yes
51	bryanlabs	Yes
52	Chihuahua	Yes
53	Chill Validation	Yes
54	Interstellar Lounge 🍸	Yes
55	ECO Stake 🌱	Yes
56	Klub Staking	Yes
57	strangelove	Yes
58	HighStakes.ch \| Daily Airdrops	Yes
59	Imperator.co	Yes
60	CryptoDungeon	Yes
61	Citadel.one	Yes
62	ZKV	Yes
63	Vitwit (Previously Witval)	Yes
64	Active Nodes	Yes
65	Komikuri	Yes
66	Meria	Yes
67	Blockdaemon	Yes
68	Cosmostation	Yes
69	Oldcat	Yes
70	Nansen	Yes
71	Node Guardians	Yes
72	OWALLET	Yes
73	NFTSwitch.xyz \| Delegate for $SOUL Claim Drop	Yes
74	SpectrumX	Yes
75	Ping	Yes
76	Smart Stake 📈📊	Yes
77	Nodes.Guru	Yes
78	Oni ⛩️	Yes
79	Interbloc	Yes
80	HFA X Defi Dojo	Yes
81	CommunityStaking	Abstain
82	Margined Protocol	Yes
83	Leonoor's Cryptoman	Abstain
84	polkachu.com	Yes
85	POSTHUMAN 🧬 StakeDrop	Yes
86	Cypher Core	Yes
87	AutoStake 🛡️ Slash Protected	Yes

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