Close Ambire Rewards Season 2

Author: Ambire Wallet
Date: April 14, 2026

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Ambire Rewards Season 2 is set to end on April 15, 2026, and we need the community to decide how to close it.

After the March vote, Season 2 was extended by one month with a new milestone: reach $2M in Swap & Bridge volume to unlock a $150K $WALLET rewards pool. With only a day left in the extension, we're at $1.27M - short of the $2M target.

Now we need your help to decide what to do.

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Proposal overview

This governance proposal asks the community how we should close Ambire Rewards Season 2, since the extended season is on track to fall short of the $2M Swap & Bridge volume threshold.

There are two paths:

• End the season with no payout, or
• End the season with a 50% payout (50% of the original rewards pool)

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The question is: How should we close Ambire Rewards Season 2?

Voting options

• End now with no payout
• End now with 50% pool payout

If you vote to end with no payout, the season closes on April 15, and no $WALLET is distributed for Season 2.

If you vote to end with a 50% pool payout, the season closes on April 15, and $50,000 worth of $WALLET (50% of the original $100k rewards pool) is distributed to eligible Season 2 participants, calculated using the Season 2 scoring formula.

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Motivation

We're proposing these options to keep the process fair, transparent, and aligned with what Ambire Rewards is meant to do: reward real usage.

One extension was enough: The community already chose to give Season 2 a second chance in March. With the extended target also out of reach, it's time for a clean close rather than another extension.

Fair close-out options: Ending with either no payout or a partial payout lets the DAO choose how strict it wants to be about hitting targets versus recognizing the users who did show up and use Swap & Bridge during the season.

Clear runway into what's next: A definitive end to Season 2 lets the team and the community focus on the next phase of Ambire Rewards, rather than keeping a season on life support.

Reward real usage: Whichever option wins, the outcome reflects the principle Season 2 was built on - rewards follow real volume, not promises.

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Voting requirements

• Hold $WALLET or $stkWALLET before the snapshot.

• Note that the voting power of $WALLET tokens is half (0.5 points) that of $stkWALLET tokens.

• Any token changes after the snapshot will not affect the voting power. For example, staking your $WALLET tokens after the snapshot will not double their voting power.

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Useful Links

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