Osmosis is a decentralized exchange (DEX) built on the Cosmos network, specifically utilizing the Inter-Blockchain Communication (IBC) protocol. It aims to provide a platform for seamless trading and liquidity provision for various cryptocurrencies. Osmosis enables the creation of liquidity pools, where users can trade their tokens, provide liquidity, and earn rewards.

The native token of the Osmosis network is called OSMO. OSMO serves as the governance token, allowing token holders to participate in decision-making processes related to protocol upgrades and changes. Additionally, OSMO token holders can stake their tokens to secure the network and earn staking rewards.

Arbitrum recently in early May made a proposal to Osmosis governance to include the Arbitrum pool ARB/OSMO (#1011) into the set of assets that receive OSMO liquidity incentives. In the picture below you can see its stats.

I conducted an analysis on the $ARB token on Osmosis, focusing on its recent proposal labeled #502 for the ARB/OSMO incentivized pool. My objective was to assess how this proposal influenced the activity surrounding the $ARB token on Osmosis, particularly in relation to its pool with the Osmosis native token $OSMO, referred to as pool #1011.

To perform this analysis, I leveraged the Osmosis.core schema provided by Flipsidecrypto. Specifically, I utilized the fact_swaps, fact_liquidity_provider_actions, and fact_transfers tables to gather the necessary data for my evaluation. To ensure accurate results, I filtered the data specifically for the $ARB token on Osmosis using its contract address: ibc/10E5E5B06D78FFBB61FD9F89209DEE5FD4446ED0550CBB8E3747DA79E10D9DC6.