$OSMO Staking XCT Incentive off-chain proposal #2
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Summary
Citadel.one Foundation proposes to include $OSMO staking to XCT incentivized program.Background
Citadel.one DAO is currently incentivizing C1 platform and node users and participants of 8 networks: Cosmos (ATOM), Secret (SCRT), Akash (AKT), Kava, Band, Tezos (XTZ), IOST and ICON (ICX).
Osmosis has recently been integrated into Citadel.one platform, bringing an opportunity to attract more delegators to the C1 node and more new users to the C1 platform.Motivation
Since the launch of the XCT Incentive program for the networks listed above, TVL on Citadel.one nodes has shown a significant uprise. We expect that adding Osmo stakers to the XCT Incentive will attract lots of new users and delegators to the Citadel.one project, thus increasing the number of XCT holders and supporters.Specification
In case of the successful outcome of this proposal, OSMO stakers will be included in the XCT Incentive program. The inflation parameters won’t be changed, instead, the rewards stream for staking other assets will be broken down into 9 streams.Proposal discussion period: 29.12.2021 - 12.01.2022
NOTE: This is a soft proposal and will only be discussed on the forum without going on-chain. Our development roadmap is very busy with all the product releases. There is no room to integrate a full-scale governance tool into the Citadel.one platform just yet. Once DAO functionality is released, proposals of this kind will be decided on-chain.
UPDATE FROM 13.01.2022:
Due to positive feedback $OSMO Staking XCT Incentive proposal has been passed. XCT Incentive for OSMO staker launch date to be announced soon! -
Hello @iamvlad, I vote IN FAVOR of XCT incentives for OSMO staking on C1. Kind regards
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@iamvlad it is a great choice for next coin on the XCT rewards list. Will each of the nine assets have equal weight in the allocations?
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@iamvlad I am in favor of this, will we have voting on platform soon?
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I agree with the proposal to add xct rewards for osmo stakers to citadel1.
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@iamvlad, I vote in favor of XCT incentives for OSMO staking on Citadel.one
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Agree with this proposal
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@bud Thanks for the feedback.
As for your question - yes, they have equal weigh but depend on the dollar value of the token. You get more XCT if you stake more USD wise amount of any token. -
@hysticali
I think voting for on Cosmos network will be implemented earlier, after that will start working on XCT voting. -
Категорически одобрям-с!
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yes osmo should be included
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@iamvlad I am in favor of adding OSMO staking XCT incentives.
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I am agree with this proposal
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@iamvlad
I agree with the proposal to add xct rewards for osmo stakers to citadel1. -
@iamvlad I agree with the proposal.
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I agree with the proposal!
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Agree with this proposal
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@iamvlad
I am agree with this proposal -
I am agree with this proposal
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为何在citadel.one
平台上导入地址,需要私密或者助记词导入呢