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Blockzero LabsBlockzero Labsby0x11231f7Dc863F36A6516Eb4EF052f195000e00000x1123…0000

Should we allocate 500,000 FlashV3 from the Treasury to be rewarded XIO holders for the month of November?

Voting ended over 4 years agoSucceeded

These 500,000 FlashV3 tokens will come from the Blockzero Treasury to be distributed to XIO holders and XLP liquidity providers.

The currently ongoing FlashV3 rewards to XIO holders will end on Oct 31st: the 1,000,000 FlashV3 rewarded from July 31 to Oct31 per https://medium.com/bombx/the-path-to-flash-v3-perpetual-liquidity-flashburn-layer-2-7ff61b2c58de

The credits system for November's 500k V3 tokens will work the same in November as it has for the July31-Oct31 period.

  • XLP holders will receive a 4x multiplier on their credits towards earning their proportional share of these 500,000 FlashV3 tokens. (XIO/ETH, XIO/USDC, XIO/DAI from UniswapV2)
  • XIO holders will have 1x multiplier.

Off-Chain Vote

Yes
2.47M 99.6%
No
11K 0.4%
I abstain
0 0%
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Timeline

Oct 24, 2021Proposal created
Oct 24, 2021Proposal vote started
Oct 31, 2021Proposal vote ended
Oct 26, 2023Proposal updated