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Proposal about Stargaze LPB on Osmosis

A very intriguing proposal was suggested to the Osmosis community and even Sunny Aggarwal expressed how much he enjoyed this interaction. The proposal called for a loan of OSMOS from the Osmosis treasury to Stargaze. This loan would be used by Stargaze to launch a 95/5 Liquidity Bootstrapping Pool (LBP) on Osmosis. Once the LBP ended, Stargaze would pay back the original loan in STARS. Both Osmosis and Stargaze would split the 2% swap fee 50/50.

To read the proposal, click here.

$85 Million Daily Volume

The daily volume on Osmosis keeps rising. Now, it’s only a matter of time until it reaches $100 Million per day.