Posts made by serkansahinn89

I agree with the proposal to add xct rewards for osmo stakers to citadel1.

@iamvlad said in $OSMO Staking XCT Incentive proposal:

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.