Proposal Details

Proposal #952

Passed

Proposal title

Change Community pool default revenue token to BTC

Submit time

Deposit end time

Voting start time

Voting end time

Tally result

86.98%

Proposal #952 description

This proposal would change the token that non-Quote assets are swapped to on Osmosis from USDC to Alloyed BTC.

Background

Osmosis currently sends 55% of non-OSMO tokens collected via Taker fees to the community pool.

These are sent directly if they are an existing Quote asset and swapped to a denom set by governance if not.

This denom is currently set to USDC via Noble. This proposal asks that it be adjusted to alloyed BTC to increase the community pool’s regular accumulation of BTC. This should reduce the requirement for rebalancing proposals such as Proposal 948, and potentially replace the monthly purchases of BTC after upcoming taker fee adjustment proposals and v30.

Setting to be changed

Subspace:

poolmanager

Parameter:

CommunityPoolDenomToSwapNonWhitelistedAssetsTo

Current setting:

ibc/498A0751C798A0D9A389AA3691123DADA57DAA4FE165D5C75894505B876BA6E4

New Setting:

factory/osmo1z6r6qdknhgsc0zeracktgpcxf43j6sekq07nw8sxduc9lg0qjjlqfu25e3/alloyed/allBTC

Forum Thread: https://forum.osmosis.zone/t/change-community-pool-default-taker-fee-revenue-token-to-btc/3766

Proposal #952 overview

Total votes

2,653

Voters

2,650

Total deposit

6,000 OSMO

Proposal #952 votes

#	Validator	Options
1	PRO Delegators	Yes
2	CryptoDungeon	Yes
3	Stakewolle.com \|100% Insurance	Yes
4	Allnodes	Yes
5	Swiss Staking	Yes
6	Informal Systems	Yes
7	Tessellated	Yes
8	DAO DAO	Yes
9	S16 Research Ventures	Yes
10	KalpaTech	Yes
11	FreshSTAKING	Yes
12	Active Nodes	Yes
13	Stakely.io	Yes
14	Ethernodes	Yes
15	OmniFlix Network	Yes
16	Interstellar 🍸	Yes
17	Cypher Core	Yes
18	Kleomedes	Yes
19	NosNode🔮	Yes
20	Chorus One	Yes
21	0base.vc	Yes
22	Chill Validation	Yes
23	Stake&Relax 🦥	Yes
24	NodeGuardians (Decommissioned)	Yes
25	Everstake - DO NOT STAKE	Yes
26	Stakecito	Yes
27	Bro_n_Bro	Yes
28	CroutonDigital	Yes
29	VALIDARIOS	Yes
30	01node	Yes
31	Crosnest	Abstain
32	DSRV	Abstain
33	Smart Stake 📈📊	Abstain
34	Mendel	Yes
35	Ping	Yes
36	DELIGHT	Yes
37	Oldcat - airdrop DHK every month	Yes
38	GATA HUB	Yes
39	PoS Node	Yes
40	SolidarityNode	Yes
41	ECO Stake 🌱 \| REStake.app	Yes
42	CryptoCrew Validators ✅	Abstain
43	Meria	Yes
44	Vitwit (Previously Witval)	Yes
45	bryanlabs [DECOMMISSIONED]	Yes
46	HighStakes.ch \| Daily Airdrops	Yes
47	Validatus	Yes
48	Cosmostation	Yes
49	Frens (🤝,🤝)	Yes
50	Keplr	Yes
51	OWALLET	Yes
52	Citadel.one	Yes
53	CommunityStaking	Abstain
54	node101	Abstain
55	The_Cybernetics	Yes
56	Imperator.co	Abstain
57	CrowdControl	Yes
58	Atlas Staking (Autocompound Rewards)	No
59	polkachu.com	Yes
60	AutoStake 🛡️ Slash Protected	Yes
61	Cosmos Spaces ☮️💜⚛️	Yes

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