Proposal Details

Proposal #234

Passed

Proposal title

Discontinue the Pablo Dex Incentives

Submit time

Deposit end time

Voting start time

Voting end time

Tally result

99.98%

Proposal #234 description

As discussed here

Summary

I propose to discontinue the incentives provided for the STARS/DOT pool on pablo.finance. Despite a month of incentivization with 2M STARS, the pool has not met its primary objective of attracting new users from the Polkadot ecosystem to Stargaze.

Context and Background

  • Analysis of IBC transactions shows that all addresses that participated were already Stargaze users, indicating no new user acquisition from the Polkadot ecosystem.

  • The STARS/DOT pool's trading volume has been comparatively low, averaging $510.8 daily.

  • The pool's performance is lackluster compared to STARS' trading volumes on platforms like Osmosis and Kujira. The STARS allocated for incentivizing the STARS/DOT pool could be more effectively used in other viable pools.

Details of the above can be seen in the Commonwealth post.

Rationale

The incentive's primary goal was to facilitate liquidity and volume flow between Cosmos and DotSama while attracting new STARS holders from the DotSama ecosystem, which it has failed to achieve.

Given the current data and performance metrics, continuing the incentive seems inefficient and not in alignment with the intended purpose.

Action Plan

Upon approval of this proposal, the Stargaze community requests that Composable Finance discontinue the incentives for the STARS/DOT pool on Pablo DEX. The remaining funds should be either transferred back to the original incentive multisig or directly to the community pool.

Vote

Vote YES on this proposal to discontinue the STARS incentives on Pablo DEX and reclaim the remaining tokens.

Vote NO to continue the STARS incentives on Pablo DEX.

Proposal #234 overview

Total votes
1,110
Voters
1,104
Total deposit
50,000 STARS

Proposal #234 votes

#

Validator

Account Address

Options
1Coinage x DAICYes
2Stakewolle.com | Auto-compoundYes
3MultiplexYes
40base.vcYes
5Golden Ratio StakingYes
6Smart Stake ๐Ÿ“ˆ๐Ÿ“ŠYes
7Kalia NetworkYes
8NosNode๐Ÿ”ฎYes
9๐ŸฆŠ The Silver FoxYes
10AllnodesYes
11CryptoCrew Validators โœ…Yes
12Citadel.oneYes
13Virtual HiveYes
14Chorus OneYes
15StakinYes
16CosmostationYes
17Bro_n_BroYes
18CrosnestYes
19Empower Validator โ™ป๏ธ | 20% to plastic waste cleanupsYes
20InterblocYes
21dreamstakerYes
22OranG3cluBYes
23kingnodes ๐Ÿ‘‘Yes
24Ubik CapitalYes
25Frens (๐Ÿค,๐Ÿค)Yes
26BlueStake ๐Ÿš€ | 100% insuranceYes
27FreshSTAKINGYes
28StakecitoYes
29KingSuperYes
30Simply StakingYes
31DSRVYes
32mahofYes
33GATA DAOYes
34D-StakeYes
35UniqNodesYes
36Bloclick | autocompound on restakeYes
37BlackhoxYes
38WitvalYes
39rektDAOYes
40Cypher CoreYes
41a41Yes
42PoS NodeYes
43WhisperNode ๐ŸคYes
44KleomedesYes
45Broxa โš›๏ธ - Ru-Speak Community / SUNREN ๐ŸŒค๏ธ๐ŸณYes
46QuebecYes
47in/habitants ๐ŸŒYes
48Imperator.coYes
49silentYes
50OldcatYes
51POSTHUMAN ๊ DVSYes
52moonsoonYes
53web34everYes
54GraviDAO Community with Slashing ProtectionYes
55ArcpoolYes
56TuzemYes
57RHINO | 10% to WildlifeYes
58SydYes
59max999Yes
60ushakovYes
61n1stakeYes
62StakerHouseYes
63StakeAngleYes
64testovichYes
65polkachu.comYes
66AutoStake ๐Ÿ›ก๏ธ Slash ProtectedYes
67CryptoDungeonYes
68PFC - Stake for $SOUL airdropYes
69Army IDsYes
70โœชramuchi.techโœชYes
71ch0pch0pNFTYes
72MantiCoreYes
73alkadetaYes

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