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ElasticSwapElasticSwapby0x6cA79F0FA0Abb8072d1998138600DbeFfBE5a9bB0x6cA7…a9bB

Staking disbursement #2 ratification

Voting ended over 3 years agoSucceeded

Please look over the draft merkle tree for this round of distributions and check if your amounts look correct. The ELP amount is an estimate based on prices as of the snapshot block and is subject to slight but purportional change when finalized after this vote. This proposal is to gather community feedback and verify our accounting before we finalize the disbursements.

A few instructions on checking your claim. NOTE: it's a little different than last time if you have already claimed. The values are cumulative across all claims.

  1. Pick an address you have staked with
  2. Search within the tree for that address
  3. Each pool on each chain you have staked will have a "claim"
  4. You will see two values for each claim, totalLPTokenAmount and totalTICAmount.
  5. totalLPTokenAmount less the amount you claimed last time will be the amount of TIC USDC LP tokens you will be able to claim for this round. The totalTICAmount is the amount of your unclaimed TIC that has been "consumed" to create the LP token across all of the previous claims and this one. These values are both in integer format (18 decimals) and you will need to modify to convert them to be human readable. You can use this converter on etherscan (https://etherscan.io/unitconverter) as an easy tool to convert. Enter the value you see into the Wei box and see how many Ether that represents, which will be equivalent to the human readable amount of LP and TIC (both use 18 decimals).
  6. If you want to know how much USD this is worth - take the totalTICAmount (subtract what you claimed last time), convert it as described above, multiply it by the TIC exchange rate (~4.74 or so) and double it. That should give you the value of the TIC and USD that are wrapped in your LP tokens. (again, this may fluctuate before the actual distribution).

If the numbers look good, please vote yes. If not, please vote no and leave a comment explaining or reach out to the team in the Discord #help channel. If the proposal passes, rewards will be deposited in the staking contracts within 24 hours.

You can view the tree here: https://elasticswap.mypinata.cloud/ipfs/Qmc3Jf3maJCetzd1e3NTGRsXKt5Pw8EhnLsVwGN9i6aqPq or here: https://gist.github.com/0xean/b7ec1d1d04e872ea6ec3b01648867a50

Off-Chain Vote

Yes
244.45K gTIC100%
No
0 gTIC0%
Quorum:122%
Download mobile app to vote

Timeline

Aug 23, 2022Proposal created
Aug 23, 2022Proposal vote started
Aug 26, 2022Proposal vote ended
Oct 26, 2023Proposal updated