By voting YES on this proposal, you show support in adding extra SCRT incentives to SCRT/OSMO and SCRT/ATOM liquidity pools.
By voting NO on this proposal, you signal you don’t wish to allocate SCRT to act as extra incentives for Osmosis liquidity pools.
Following Supernova and the establishing of IBC, there is an opportunity to increase SCRT exposure to the Cosmos ecosystem by encouraging liquidity into new pools in the Osmosis DEX through their Incentive Matching Program.
What is Osmosis?
An AMM built on its own IBC enabled chain, Osmosis is currently the largest IBC enabled cross-chain DEX with ~$580m in locked liquidity at time of writing. Osmosis rewards its governance token, $OSMO, to liquidity providers to incentivize bonding liquidity to certain pools.
Unlike other DEXs, Osmosis has the ability to offer external tokens to pools as additional incentives to encourage organic liquidity. Osmosis will also match the value of any external incentive provided to a liquidity pool, massively increasing the Liquidity Mining rewards on those pools and attracting even more liquidity than either reward program alone.
Previous external incentives have included Akash, IXO , E-Money, LUNA  and Juno , with Juno currently offering a value of ~$35,000 per pool per day for 180 days.
We are requesting $5,000 in SCRT per day from the community pool as incentives for liquidity provision to the following pools on Osmosis.
Incentivizing these pools will bootstrap liquidity during the Osmosis Incentive Onboarding process . This request works out at ~250 SCRT per pool per day for 90 days. All SCRT used for these liquidity incentives should be matched with an equal value of OSMO incentives (Governance pending).
These will be split up into the following buckets for each bonding period:
1-day bonding: 35 SCRT/day
7-day bonding: 90 SCRT/day
14-day bonding: 125 SCRT/day
This adds up to ~$450,000 at the time of writing, or $150,000 per month.