Whitelisting ATOM - LUNA LP Token as an Alliance Asset
rejected
Expected result
Rejected
Turnout / Quorum
109.63% / 30.00%
Voting period
Voting ended100.0%
Voting start 2024.05.29 at 11:22:36
Voting end 2024.06.05 at 11:22:36
Vote distribution
11.94%
45 094 346 LUNA
Yes
76.55%
289 055 031 LUNA
No
0.00%
2 238 LUNA
Veto
11.50%
43 430 828 LUNA
Abstain
Details
Proposer
terra1js3w6ca0xs5ye37...
Total deposit
512 LUNA
Submit time
2024.05.29 at 11:22:36
Deposit end time
2024.06.05 at 11:22:36
Description
This proposal aims to whitelist the ATOM-LUNA factory LP token in order to give Terra some immediate much needed liquidity. I believe the alliance module (natively functional with URA) is the best tool we have currently, which allows us to incentivize liquidity provision with a small portion of Luna inflation, a function so far unutilized on Terra. This pool is set for a 0.66% reward weight. For full details and why ATOM-LUNA specifically, visit https://commonwealth.im/terra/discussion/17349-whitelisting-atom-luna-lp-token-as-an-alliance-asset
Votes
Voter
Answer