Governance Reaction to Terra
The period between May 8th - May 13th was a busy week for Osmosis governance. What was the community response like to these proposals? How quickly did these proposals hit quorum compared to the last two months of proposals? What was the voter turnout for these proposals vs the last two months of proposals?
List of proposals under consideration
218 - Signalling Proposal for Incentivized Canonical USDC pool
219 - Make Osmosis the Co-Lead Sponsor of Cosmoverse 2022
220 - Match PSTAKE External Incentives for Pools #648
221 - Semi-Automatic Incentive Adjustments for 05/08/2022
222 - Reallocate half of the Incentives on OSMO/UST (#560) to OSMO/USDC (#678)
223 - Reallocate half of the Incentives on OSMO/LUNA (#561) to OSMO/ETH (#704) & approve the pool for Osmosis incentives
224 - Reallocate half of the Incentives on LUNA/UST (#562) to OSMO/DAI (#674) & approve the pool for Osmosis incentives
225 - Use Hardfork to Accelerate Proposals #222, #223, and #224
226 - Add functionality to allow depooling of UST pools via emergency upgrade hard fork in proposal #225
In the chart below, the proposals were reviewed based on the number of participants
Conclusion :
In this dashboard, we reviewed Governance Reaction to Terra, and based on this, 9 proposals were active in the week under review, ie May 8th - May 13th, and in terms of the maximum participation rate for 221 - Semi-Automatic Incentive Adjustments for 05/08/2022 The fastest voting result was recorded for the Signaling Proposal for Incentivized Canonical USDC pool with about 16 hours to go, and the Semi-Automatic Incentive Adjustments for 05/08/2022 with about 18% of the 9 most reviewed proposals. Participation is included and in terms of the type of vote, it was about 93% yes and about 3% was a good vote. Compared to the last two months with a week under review, we see a faster end to voting, for example, after 24 hours of voting. Has found that if two months ago we had 223 hours of voting and in terms of turnout, the turnout in these two weeks has decreased and was higher in the previous two months.