What is Osmosis?

Osmosis is a decentralized peer-to-peer blockchain that people can use to create liquidity and trade IBC enabled tokens. The Osmosis blockchain is made up of free, public, and open-source software.

How does Osmosis governance work ?

Any OSMO holder can participate directly in Osmosis governance via the Osmosis app or CLI, and any OSMO holder may submit a new governance proposal by submitting a small deposit which functions to prevent spam. Delegators inherit the vote of the validator they are delegated to unless the delegator actively submits a vote themselves, which overrides their inherited vote.

What is Proposal 362?

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.

Methodology

In this dashboard, we will look at the voting activity on Osmosis proposal 362 and compare the activity to other recent Osmosis proposals. We are looking to see what has been going on with these proposals because of the very active public conversation about it. The data for this dashboard comes from the osmosis.core tables of the Flipsides database.

Sections

1. Osmosis proposal 362 Vote Activity
2. Osmosis proposal 362 Voters
3. Osmosis Vote activity by Proposal

Osmosis proposal 362 Vote Activity

Observation

• Over 80% of Proposal 362 voters voted yes to the proposal
• On November 16th a large percentage of the voter were voting no to the proposal
• A vast majority of the voting activity for this proposal happened on November 15th

Osmosis proposal 362 Voters

Observations

• Nearly 95% of the voters for this proposal only voted once
• The was a spike in people changing their vote in late November 15th and early 16th

Osmosis Vote activity by Proposal

Observations

• In March and April of 2021 the Number of users participating in governance proposals on osmosis was over 50,000 many times.
• The voting active on osmosis is up over 5x than at the beginning of the year in terms of voters.
• The average Osmosis governance participant is very active with the average voter voting on nearly 20 proposals.
• Proposal 362 has been much more active than any protocol since August this year

Conclusion

• Osmosis proposal 362 Vote Activity
  • Over 80% of Proposal 362 voters voted yes to the proposal
  • On November 16th a large percentage of the voter were voting no to the proposal
  • A vast majority of the voting activity for this proposal happened on November 15th
• Osmosis proposal 362 Voters
  • Nearly 95% of the voters for this proposal only voted once
  • The was a spike in people changing their vote in late November 15th and early 16th
• Osmosis Vote activity by Proposal
  • In March and April of 2021, the Number of users participating in governance proposals on osmosis was over 50,000 many times.
  • The voting active on osmosis is up over 5x than at the beginning of the year in terms of voters.
  • The average Osmosis governance participant is very active with the average voter voting on nearly 20 proposals.
  • Proposal 362 has been much more active than any protocol since August this year