What is Osmosis?

Osmosis is a DEX protocol, which means it uses smart contracts to determine the price of digital assets, to produce liquidity via a peer-to-peer (P2P) methodology, and to exact trades between users. This approach to an exchange platform is known as an AMM — a DEX protocol that prices crypto assets in liquidity pools.

What is OSMO?

OSMO is the native token of the Osmosis network. Primarily, OSMO is used for staking to secure the Osmosis chain. As a PoS token, OSMO is inflationary. Over time, new tokens will be minted and entered into circulation. The maximum number of OSMO tokens has been set at 1 billion and its current total supply is 325,000,000.

Osmosis Governance

Osmosis users who have Staked their OSMO are eligible to vote on governance proposals. Osmosis has an on-chain governance mechanism for passing text proposals, changing consensus parameters, spending funds from the community pool, and for updating Osmosis pool incentives. Osmosis governance is driven by the Osmosis community, which has large overlap with the Cosmos community. Much of the documentation this repo is based off was funded by the community fund itself in Cosmos Hub Proposal 23. Governance discussions happens in a number of places moderated by diverse community members such as Discord, Telegram and anywhere else user might interact with members of the Osmosis community. (Official Osmosis Governance Zone)

Methodology

in this dashboadr we will goin to analyze Osmosis Governance proposals #362

i use flipsideCrypto data for analysis thes dashboard

he main table that we are going to use is osmosis.core.fact_governance_votes. But, We are also going to use other tables such as osmosis.core.dim_vote_options (for extracting the description of vote option),

Proposal #362: Osmosis Grants Program (OGP) Renewal

By voting YES, OSMO stakers signal their support for a 12 month renewal of the Osmosis Grants Program with Reverie continuing as Grants Lead.

By voting NO, OSMO stakers voice their dissent for a 12 month renewal of the Osmosis Grants Program.

The Osmosis Grants Program (OGP) has been active for 6 months, and is now looking to renew for an additional 12 months with some changes to the program. The details are outlined below.

Details

• The OGP will continue its core objective of issuing grants to contributors that can deliver long-term value to Osmosis.
• The OGP will add to this objective the incubation of new subDAOs and Strategic Initiatives to tackle protocol functions.
• Reverie will continue to serve as Grants Lead and is requesting 55,000 USDC and 25,000 OSMO per month in renewed compensation.
• Reverie will add more transparency through monthly reporting, calls, and other frequent reports.
• Jeremy Parish and Monetsupply will be added as two new signers on the OGP multi-sig.

As part of this proposal, the community will have an option to terminate Reverie’s involvement with the OGP after 6 months.

Proposal #362 Overall Stats

According on the above charts,

total number of sucessful votes on proposal #362 is 23210 votes made by 21395 unique voters. 118 out of these 23210 votes are done by validators and

Moreover, There is only 1 depositor (osmo10kn8nhlchp3qxdvsvte4zepfkpvlfarpay7ykw) with total 1600 $OSMO deposit on this proposal.

According to the above charts and as it was obvious (since the proposal was successfully passed), the number of votes and voters with “YES” contains almost 85% of total voters on this proposals. Actually, By voting yes, OSMO stakers signal their support for a 12 month renewal of the Osmosis Grants Program with Reverie continuing as Grants Lead. On the next rank, we have the votes with “NO” choice which includes almost 7.5% of all votes on this proposal.

Based on the left chart, 23092 votes out of total 23210 votes (99.5% of total votes) were done by regular voters and as mentioned above only 118 votes (almost 0.5%) were done by validators.

Also, we can see more than 85% of total regular voters have voted “YES” for the proposal #362 but on the other hand, the share of “YES” voters on validators is 39% and there are 29.5% of validators who have voted “NO” for this proposal and 21.8% who have voted “ABSTAIN”.

So, the acceptability of proposal #362 among regular users was way more than validator voters.

According to the left charts, the average number of votes per validators is more than regular voters.

Also, the average number of different options (Yes,No,Abstain,…) on validators is more than regular users.

So, the validator voters on proposal #362 were more active than regular voters.

Based on the left chart, the majority of voting activity on proposal #362 were done within 15th November. Also, most number of voters were active on this day and as mentioned above, the share of “YES” votes is more than all other options in other days.

Also, we can see most number of votes with “NO” option on 16th November but their number is still way less than “YES” votes.

The wallet address osmo16798cwveu2pch9js2ptfy4u6td9zme3mh95n86 was the most active voter on proposal #362 with total 17 votes on this proposal.

according to the above and charts, the activity on proposal #362 was not very high compared to the other recent proposals on Osmosis.

As we see, there are many other proposals (espeially proposal #353 with the highest participation) that the activity on them was more than #362.

According to the 4 left charts, we can see the number of votes and voters and also deposit volume on proposal #362 is more than average metrics on other proposals.

But, the number of depositors on proposal #362 which is 1 is less than the average number of depositors on other proposals which is more than 1.

On the left chart, we can the most number of vote changes (more than 22%) was from option “YES” to option “NO” !

Also, we can see there are 15% of votes that have changed from “NO” to “NO WITH VETO” and on the 3rd rank there are 12% of votes that were changed from “YES to NO WITH VETO”

Dicord : rich_betoo#9127

Twitter : Rih_betoo

in this dashboard i took help from ==Ali3n’s==

dashboard

some Queries and Definitions copied form Ali3n

thanks alot Dear Ali3en

thanks gor your time