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AmpAmpby0xb35252e5a8beF302F6EAA59f8eA472c53B3eFA6F0xb352…FA6F

Continue AMP ecosystem reward distribution

Voting ended almost 3 years agoSucceeded

This proposal is for the Ampera Foundation to continue the distribution of AMP tokens to Flexa Capacity for an additional 12 months. The Ampera Foundation treasury will distribute 1,366,296,000 (1.36 billion) AMP of the approximately 6,000,000,000 (6.0 billion) AMP remaining from the initial Network Development Fund allocation. We propose the 1.36 billion AMP to be distributed according to the schedule shown below. The goal of the proposal is to continue bootstrapping spending capacity for the Flexa Network while further providing tokens to direct users within the Ampera ecosystem. This is important as decentralized, on-chain governance will play a critical role in the Ampera protocol.

Proposed network subsidy distribution (itemized schedule below):

chart.jpg

Distribution schedule: Month 1: 166,000,000 Month 2: 147,400,000 Month 3: 133,450,000 Month 4: 124,150,000 Month 5: 117,175,000 Month 6: 110,665,000 Month 7: 105,085,000 Month 8: 100,435,000 Month 9: 96,250,000 Month 10: 92,344,000 Month 11: 88,531,000 Month 12: 84,811,000

If the proposal is successful, the Ampera Foundation will announce the start of this subsidy with at least 72 hours notice. This will be communicated via the Ampera community Discord.

Off-Chain Vote

Yes, update reward schedule
4.93B AMP98.2%
No
89.35M AMP1.8%
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Timeline

Apr 18, 2023Proposal created
Apr 18, 2023Proposal vote started
Apr 21, 2023Proposal vote ended
Oct 26, 2023Proposal updated