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GivethGivethby0xC46c67Bb7E84490D7EbdD0b8ecDaca68Cf3823F4karmaticacid.eth

Allocate 8.5 million GIV to extend GIVpower rewards for 6 months until June 2025

Voting ended about 1 year agoSucceeded

This is a request for GIV from the GIVgarden (controlled by the community of GIV holders), for 8.5 million GIV to be used to fuel GIV (GIVpower) staking incentives on Optimism, Gnosis Chain and Polygon zkEVM.

Current program ends: Nov 26, 2024 Extension will end: June 10, 2025 Request amount: 8,500,000 GIV From: GIVgarden

These rewards will be used to reward stakers (with streaming GIV rewards) on all 3 supported chains for GIV staking. The distirbution accross chains will be as follows:

45% on Optimism 30% on Gnosis 25% on Polygon zkEVM

If we integrate any new chains, 10% of the remaining rewards will be used for that chain's incentives, and this will be taken proportionally from each other supported chain.

For more information, check out the forum post.

Off-Chain Vote

Yes, let's do it
61.05M GIVPOWER100%
No
0 GIVPOWER0%
Abstain
0 GIVPOWER0%
Quorum:610%
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Discussion

GivethAllocate 8.5 million GIV to extend GIVpower rewards for 6 months until June 2025

Timeline

Oct 31, 2024Proposal created
Oct 31, 2024Proposal vote started
Nov 10, 2024Proposal vote ended
Jan 28, 2026Proposal updated