Kucoin 90 Day AVA Staking Proposal #1

The AVA Community proposes a 90 Day AVA staking campaign to take place on the Kucoin exchange funded by the community pool. Cost of this campaign will be 24,658 AVA.

This proposal is a simple yes or no vote A quorum of 2.5 million votes needed At least 51% voting yes to pass

Voting Weight

1 AVA = 1 Vote 1 Travel Tiger NFT = 7,000 Votes

You are required to have either 1 Ava OR 1 Travel Tiger NFT in your wallet to vote. Wallets that only have Ava OR only have Travel Tiger NFTs will be allowed to vote.

Kucoin 90 Day AVA staking program

2,000,000 AVA hard cap 35,000 AVA cap per user 5% APR

Cost of campaign: 24,658 AVA

Timeline

If the vote passes, this AVA staking campaign would be live in November and when it is completed we would have another community vote for an additional campaign based on the results.