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Ambire WalletAmbire Walletby0xC2E6dFcc2C6722866aD65F211D5757e1D2879337elmoto.eth

Extend Ambire Rewards S2 or Close It

3 days left to voteActive vote

Author: Ambire Wallet
Date: March 11, 2026

Stop $WALLET Claiming

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

Season 2 uses Swap & Bridge volume to trigger the rewards pool, as previously voted. The minimum target for a $100,000 $WALLET rewards pool is $3M in Swap & Bridge volume. Right now, we’re at $1.07M, which unfortunately came in below expectations (and current market conditions didn’t help). Now we need your help to decide what to do!


Proposal overview

This governance proposal asks the community how we should end Ambire Rewards Season 2, since the season did not meet the $3M Swap & Bridge volume threshold.

There are three paths:

  • Extend the season by 1 month with a new target and a bigger rewards pool, or
  • End the season now with no payout, or
  • End the season now with a partial payout (20% of the reward pool)

Question:
Should we extend Season 2 or close it now?

Voting options

  • Extend by 1mo. with new target
  • End now with no rewards payout
  • End now with a 20% pool payout

If you vote to extend, Season 2 runs for one more month, with a new milestone: hit $2M in Swap & Bridge volume, and the season pays out $150k in $WALLET. If we still don’t reach $2M, we’ll come back to the DAO with another vote on what to do next.

If you vote to end now, the season closes immediately, and we either distribute nothing or $20,000 worth of $WALLET (20% of the original $100k pool), depending on which option wins.


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.

  • Market reality, clear decision: We didn’t reach the $3M trigger, so we need a clean, community-led way to wrap up the season.

  • “One more push” option: Extending gives the community a realistic second chance to drive meaningful volume, with a stronger incentive attached.

  • Fair close-out options: Ending now with either no payout or a partial payout lets the DAO choose how strict it wants to be about targets versus recognizing participation.

  • Keeps momentum in the ecosystem: A clear outcome helps users decide whether to keep using Swap & Bridge now, or focus on other ways to earn in Rewards.


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.


Useful Links

Ambire Governance Votes
Website
GitHub
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Discord
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Off-Chain Vote

Extend by 1mo. with new target
12.52M $WALLET weight56.6%
End now with no rewards payout
1.07M $WALLET weight4.8%
End now with a 20% pool payout
8.51M $WALLET weight38.5%
Download mobile app to vote

Discussion

Ambire WalletExtend Ambire Rewards S2 or Close It

Timeline

Mar 11, 2026Proposal created
Mar 11, 2026Proposal vote started
Mar 12, 2026Proposal updated