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GLMR APESGLMR APESby0x311E36517b6E24C168d2B2A1c36f7BDf905cDa690x311E…Da69

💰 GLMR APES Community LOAN to the P2E Rewards wallet

Voting ended over 3 years agoSucceeded

We currently have 6100 GLMR staked in the GLMR APES community wallet.

👛 Each week, they produce on average about 20 to 28 GLMR of staking rewards.

▶ With the current system, half of these rewards are restaked (10 to 14 GLMR) , while the other half are allocated to the weekly GLMA lottery (10 to 14).

🔃 We would like to suggest the community to agree on "loaning" these 6100 GLMR to the P2E Rewards wallet for a 6 months period.

💰 In exchange, the GLMR APES community wallet would receive 100 $BANANAS (30.4 GLMR with the current GLMB/GLMR rate) per week during these 6 months.

🍌 These $BANANAS would be all allowed to the GLMA lottery and would complete the GLMR rewards coming from the royalties from GLMA, GLMJ , BOB and Badges sales.

🎊 With the new proposed system the GLMA lottery will still operate as usual but offer both GLMR AND GLMB rewards.

✔ The share of the royalties going to the GLMR APES community fund would keep going there as usual (meaning they are not loaned to the P2E Rewards wallet).

🔙 After the 6 months, the 6100 GLMR from the P2E Rewards wallet would return to the GLMR APES community wallet.

🗳 Do you agree to have the GLMR APES community wallet loaning 6100 GLMR to the P2E Rewards wallet for 6 months in order to bootstrap the rewards of the Great Escape?

Off-Chain Vote

I support this proposal
171 GLMA100%
I abstain from voting
0 GLMA0%
I am against this proposal
0 GLMA0%
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Timeline

Aug 16, 2022Proposal created
Aug 16, 2022Proposal vote started
Aug 18, 2022Proposal vote ended
Oct 26, 2023Proposal updated