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Governance Rewards Rates

Voting ended over 4 years agoSucceeded

Background -- Governance Rewards rates are set every 5 weeks and the next cycle begins October 5th.

Proposal -- 10/5 - 11/9, set Governance rewards to 600 $DG/week.

Rationale -- Expected APY at ~14% + ability to vote in the DAO is sufficient to incentivize governance staking $DG. Reducing inflation is good for holders of $DG and we've been at 800/week since March 22nd (with one exception: a single cycle at 1,200/week).

Off-Chain Vote

YES - 600/Week
55.56K 99.9%
No - Keep at 800/Week
67.73 0.1%
Download mobile app to vote

Timeline

Oct 01, 2021Proposal created
Oct 01, 2021Proposal vote started
Oct 04, 2021Proposal vote ended
Mar 03, 2025Proposal updated