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88mph88mphby0x994B5C8B30766EaCe220B76f8C1DE27849f05aB3Dylan

8IP#12 - Kick start MPH rewards for VeMPH lockers

Voting ended over 2 years agoSucceeded

Objective Looking to vote on placing 88000 MPH from the Gov treasury wallet into the MPH rewards contract for VeMPH holders making them claimable alongside LIT airdrop rewards.

Specification

I feel this would help kick start talk around the MPH community.

Reward long term lockers.

Finally give some MPH rewards.

Create MPH buy pressure.

Actions Remove MPH tokens from 0x56f34826Cc63151f74FA8f701E4f73C5EAae52AD (Gov treasury wallet) To put into the MPH rewards contract for VeMPH lockers. Make it possible to claim via the same process we claim LIT but with a claim button for MPH rewards. (MPH UI is already set up for this just no claim button)

Argument for - This would still leave 195986 MPH in the treasury wallet. All the statements above.

Arguments against - Would use MPH from treasury wallet. Could create people to sell the rewarded MPH.

Vote will be open for 7 days/ Discussion on MPH discord/Telegram

Off-Chain Vote

Approved
1 xMPH-veMPH25%
Decline
3 xMPH-veMPH75%
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Timeline

Oct 10, 2023Proposal created
Oct 11, 2023Proposal vote started
Oct 18, 2023Proposal vote ended
Oct 28, 2024Proposal updated