Proposal: Delegate stJUNO LP Recovery to Dimi

Summary: This proposal authorizes the transfer of all stJUNO/JUNO LP tokens held by the Community Pool to:

juno10vv93sdlhec94us5pndd8c45vcccxhp69art8x — Dimi, co-founder of Juno (verified here: https://x.com/dimiandre/status/1991070493634392456).

Dimi will execute the following community-mandated actions (in case the proposal passes):

1. Withdraw the stJUNO/JUNO liquidity from Osmosis.
2. Send the JUNO portion of the LP token pair directly to the Community Pool.
3. Redeem the stJUNO via Stride (undelegate).
4. After the unbonding period, send the unstaked JUNO to the Community Pool.

Rationale (https://x.com/theNETAstandard/status/1990076304104804455): The stJUNO initiative funded by Proposals 294 & 313 was intended to make stJUNO a DeFi-usable liquid staking asset with meaningful ecosystem adoption. That goal has not materialized. Umee is now irrelevant in DeFi, stJUNO is delisted on most venues, and the Stride team has shifted focus to new projects. Most of the underlying stJUNO is delegated to jailed validators, including the three largest, which have been inactive for months and earn 0 rewards. This results in lost staking rewards and poor validator distribution. Liquidity on Osmosis is primarily provided by the Community Pool, with minimal private participation, meaning the asset no longer generates meaningful utility or organic market activity.

Continuing to hold stJUNO/JUNO LP tokens exposes the Community Pool to unnecessary Stride fees, opportunity costs, and ongoing risk from mismanaged delegations. Returning these assets to the Community Pool ensures they can be redeployed to active, productive validators, restoring value to the Juno ecosystem and aligning incentives with current network needs.

Stride’s Juno account for stJUNO can be viewed here and you can verify that the top 3 validators are all jailed: https://atomscan.com/juno/accounts/juno1zjpfewdsdykrgce8d20lfanhh6evufxeyya4fyepjs9lh57tv3jqrutwt0

A YES vote:

• Transfers LP tokens to Dimi for execution as outlined above
• Recovers millions of JUNO to the Community Pool
• Stops Stride fee leakage
• Restores staking rewards to productive validators (if added to the delegation programme afterwards)