ACDFGHIJKLMNOPQRSTUXYZ
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GroupingPool IDPairingTVLVolume (7 Day Average)Spread FactorLP Fees Generated (7 Day Average)Taker Fee RateTaker Fees Generated (7 Day Average)Incentive DirectionCurrent GaugeCurrent Daily OSMO AllocationNew Gauge New Daily OSMO AllocationOverall Fee Subsidy RateLP Fee Subsidy RateProtocol Fee Subsidy RateEquivalent APR at ProposalReason for Change beyond Incentives Algorithm
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$79,476,974$19,444,898$15,407$16,950Reduction17,3958,93034%71%65%
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STABLE1220USDT/USDC$1,480,895$502,5740.01%$500.02%$101Reduction36262407362628467%199%100%3.72%Proposed further reduction to breakeven point for Protocol Fee Subsidy
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1260DAI/USDC$52,236$14,1150.01%$10.02%$32.96%
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1261DAI/USDT$12,015$2,5630.01%$00.02%$12.34%
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1274USDT/USDC$8,923$6640.05%$00.02%$01.90%
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1275DAI/USDC$1,554$180.05%$00.02%$00.29%
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1276DAI/USDT$502$390.05%$00.02%$01.99%
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WBTC1436WBTC/USDC$294,660$228,8890.05%$1140.10%$229Reduction371091,0463760744679%365%100%42.53%Merging OSMO and STABLE VSGs

Proposed further reduction to breakeven point for Protocol Fee Subsidy
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1437WBTC/USDC$6,262$9,2570.01%$10.10%$959.36%
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1435WBTC/USDC$9,505$1,8640.20%$40.10%$221.47%
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1438WBTC/USDT$1,431$1950.20%$00.10%$014.89%
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1439WBTC/USDT$19$00.05%$00.10%$00.00%
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1434WBTC/OSMO$178,830$309,2800.01%$310.10%$309371081,49369.44%
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1433WBTC/OSMO$10,819$00.05%$00.10%$00.00%
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1432WBTC/OSMO$1,337$340.20%$00.10%$02.82%
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ETH1441ETH/WBTC$173,759$91,8900.05%$460.10%$92Reduction37110126376081,42350%99%100%28.95%Merging OSMO and STABLE VSGs

Proposed further reduction to breakeven point for Protocol Fee Subsidy
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1440ETH/WBTC$13,998$2,7280.20%$50.10%$321.34%
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1264ETH/USDC$177,416$152,5740.20%$3050.10%$1533626329194.17%
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1279ETH/USDT$47,609$2,9240.20%$60.10%$36.73%
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1278ETH/USDC$50,160$25,6470.05%$130.10%$2627.99%
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1280ETH/USDT$0$00.05%$00.10%$00.00%
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1281ETH/OSMO$259,512$628,4000.05%$3140.10%$628372872,472132.58%
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1134ETH/OSMO$3,147,731$405,6160.20%$8110.10%$40614.11%
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704ETH/OSMO$2,352,823$120,3060.20%$2410.10%$1205.60%
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1477ETH/OSMO$82,903$323,8210.01%$320.10%$324156.83%
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ATOM1251ATOM/USDC$3,080,892$1,086,1040.20%$2,1720.10%$1,086Reduction36264356376092,11022%52%40%30.83%Merging OSMO and STABLE VSGs

Proposed further reduction beyond Incentives adjustment due to observed liquidity stickiness
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1282ATOM/USDC$125,888$498,7970.05%$2490.10%$499129.60%
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1078ATOM/USDT$40,503$24,2180.20%$480.10%$2452.30%
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1079ATOM/USDT$2,945$1,7400.05%$10.10%$219.32%
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1400ATOM/OSMO$385,625$2,270,0940.00%$00.10%$2,270370375,26285.12%
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1265ATOM/OSMO$780,605$1,437,1170.05%$7190.10%$1,43760.22%
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1ATOM/OSMO$16,287,947$502,3240.20%$1,0050.10%$5022.70%
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1399ATOM/OSMO$67,933$335,2130.01%$340.10%$33589.36%
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1135ATOM/OSMO$8,821,960$407,5880.20%$8150.10%$4084.04%
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TIA1247TIA/USDC$784,816$986,3510.05%$4930.10%$986Reduction372885543761068512%19%28%35.97%Merging OSMO and STABLE VSGs
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1321TIA/USDC$193,766$60,4540.20%$1210.10%$6026.01%
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1478TIA/USDC$2,125$9,7680.01%$10.10%$1064.43%
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1348TIA/USDT$1,277$6590.05%$00.10%$114.77%
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1322TIA/USDT$1,956$3450.20%$10.10%$014.71%
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1248TIA/OSMO$2,503,868$1,849,3200.20%$3,6990.10%$1,8493670035361.57%
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1347OSMO/TIA$29,079$58,1090.05%$290.10%$5857.19%
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1249TIA/OSMO$81,099$6,8320.20%$140.10%$77.02%
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LST1283stATOM/ATOM$12,348,358$462,0230.05%$2310.02%$92Reduction373498373734924114%17%100%0.96%Proposed further reduction to breakeven point for Protocol Fee Subsidy
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1136stATOM/ATOM$4,967,815$46,3360.30%$1390.02%$91.09%
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1428stTIA/TIA$3,602,405$180,4520.20%$3610.02%$364.02%
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1475milkTIA/TIA$182,033$190,9420.05%$950.02%$3826.80%
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1335milkTIA/TIA$4,683,254$407,2570.20%$8150.02%$816.98%
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1476stTIA/TIA$314,016$157,1480.05%$790.02%$3112.79%
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1431wstETH/ETH$859,345$22,9460.05%$110.02%$50.68%
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944qATOM/ATOM$1,373,130$2,3270.30%$70.02%$00.20%
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803stATOM/ATOM$2,228,484$3,4090.30%$100.02%$10.18%
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886stkATOM/ATOM$66,093$10,1900.30%$310.02%$218.01%
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1227rATOM/ATOM$555,732$1,1860.20%$20.02%$00.17%
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1292wstETH/ETH$115$00.20%$00.02%$00.00%
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OSMO1263OSMO/USDC$1,785,426$3,293,3870.05%$1,6470.10%$3,293No Change372863,820376113,82071%222%104%103.54%Frozen

Moving VSG to include OSMO/DAI again
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1077OSMO/USDT$161,056$367,3140.05%$1840.10%$367128.02%
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1221OSMO/USDC$190,399$99,9050.20%$2000.10%$10058.18%
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1464OSMO/USDC$109,890$768,4270.01%$770.10%$768290.42%
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1066OSMO/DAI$135,648$2,2660.20%$50.10%$21.85%
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674OSMO/DAI$162,265$3,2010.20%$60.10%$32.19%
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1076OSMO/USDT$1,070$3310.20%$10.10%$034.33%
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1465OSMO/USDT$1,106$7590.01%$00.10%$128.51%
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Composability1223USDC.axl/USDC$1,060,505$816,2550.01%$820.02%$163Reduction35493126354934020%60%30%4.51%Reducing as Static Composability pools
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Composability1150USDT.axl/USDT$466,986$59,2500.05%$300.02%$12Reduction346851263468540119%166%416%6.17%Reducing as Static Composability pools
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Composability1422WBTC.axl/WBTC$2,664,661$191,1560.01%$190.00%$0Reduction369911263699140258%258%N/A0.94%Reducing as Static Composability pools
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Community Pool19,06827,5998531 Fewer OSMO per day will be emitted this month
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