In this bounty, we explore the Osmosis Chain's reaction to the attack on Terra. A series of governance actions were proposed to protect liquidity providers on Osmosis and to limit the effect of UST depegging and the subsequent LUNA price crash.

This original bounty meant to include the voting power of voters, however this became technically a bit more difficult since voting power isn't included in the transactions. Because of this, some flexibility was granted in the Discord from Solana Data Gal on how this bounty is graded.

In my approach, I reviewed the last 60 days worth of governance proposals and singled out the following as Terra related: 172, 222, 223, 224, 225, 226, 227, 228, 230, and 234.

The following queries count the number of votes for Terra and Non-Terra related governance proposals.

Initially, I broke the query into the individual proposal id numbers but this proved to be quite noisy as it relied the reader to research which proposals were related to Terra.

The stacked bar graph above depict that in the months leading up to the Terra attack, Osmosis governance has always been quite active.

On investigation of the peak proposal on April 23, 2022 - proposals 209 and 210 regarding Ethereum bridges received more contentious votes and was subsequently rejected.

https://www.mintscan.io/osmosis/proposals/209 https://www.mintscan.io/osmosis/proposals/210

In general, it appears that the Osmosis community is engaged in governance and working together for the best outcomes. A series of governance proposals did pass to protect and mitigate the impact to Osmosis LPs during the Terra attack, however this event wasn't particularly outstanding relative to the previous governance turnout and engagement.