Blockchain validator, Testnets participant.

Community pool spend proposal: Renewal of Pool Incentives on Osmosis

Proposal Description:

This is a community pool spend proposal to allocate 15,000,000 LIKE for ATOM/LIKE (10,000,000 LIKE) and LIKE/OSMO (5,000,000 LIKE) pools on Osmosis to be paid by the LikeCoin community pool. This proposal aims to renew Pool Incentives on Osmosis which were accepted in Proposal 37 and have ended recently.

This proposal, if passed would distribute the requested number of LIKE tokens to like1fr62zx24gapdul0gze8lt3y9fmtt7h6mpsgver address owned by Liker Land, which will deploy the funds to the above-mentioned pools after proposal pass to coincide with the regular incentives on Osmosis.

The incentive program will last for 120 days and works out to roughly:
ATOM/LIKE = 83,333.33 LIKE / day
LIKE/OSMO = 41,666.67 LIKE / day

Incentives would require a lock-up period of 14 days.


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