Summary
The objective of this proposal is to migrate the Mars Protocol Outpost on Osmosis from its current version to v2.1.0.
The v2.1.0 version to be deployed on Osmosis will contain the same enhancements outlined in this Neutron v2 proposal.
Additionally, the address provider is missing a configuration setting that allows the rewards distributor to be able to distribute rewards from its credit account.This will be updated, so that the rewards accrued to the credit manager on Osmosis outpost can successfully be distributed to the safety module and buy and burn
Risks
Mars v2.1.0 Osmosis release had software audits by Oak Security, but it still contains new and unproven smart contract code risks. To help minimize risk, all tokens approved for borrowing and lending would adhere to Mars’ Risk Framework.
Implementation
This is a signaling proposal, not an executable proposal.
The Mars smart contracts on the Osmosis chain are currently controlled by the Builder Multisig address. If this proposal passes, the builders will utilize their multisig to make the necessary parameter changes.
Copyright
Copyright and related rights waived via CC0.
Disclaimers/Disclosures
This proposal is being made by Mars Protocol Foundation, a Cayman Islands foundation company. Mars Protocol Foundation engages in research and development of the Mars Protocol. Mars Protocol Foundation and certain of its service providers and managers own MARS tokens and have financial interests related to this proposal. The aforementioned persons or their affiliates may also have financial interests in complementary or competing projects or ecosystems, entities or tokens, including Osmosis/OSMO. These statements are intended to disclose relevant facts and to help identify potential conflicts of interest, and should not be misconstrued as a complete description of all relevant interests or conflicts of interests; nor should they be construed as a recommendation to purchase or acquire any token or security.
This proposal is also subject to and qualified by the Mars Disclaimers/Disclosures. Mars Protocol Foundation may lack access to all relevant facts or may have failed to give appropriate weighting to available facts. Mars Protocol Foundation is not making any representation, warranty or guarantee regarding the accuracy or completeness of the statements herein, and Mars Protocol Foundation shall have no liability in the event of losses or damages ensuing from approval or rejection or other handling of the proposal. Each user and voter should undertake their own research and make their own independent interpretation and analysis of all relevant facts and issues to arrive at their own personal determinations of how to vote on the proposal.