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Open Custody Protocol (x Qredo)Open Custody Protocol (x Qredo)by0xCeA366dAE21DB9C60A2125be46dd062a98194d54opencustody.eth

OIP-1 - Restricting Governance Participation to Staking Wallets

Voting ended almost 2 years agoSucceeded

To ensure that our community governance is driven by participants who are genuinely committed to the future and success of the protocol, we propose that only users staking in contracts of one month or longer be allowed to participate in governance voting on Snapshot.

Voting Power Calculation: Voting power will be calculated only from wallets with staking allocations in contracts with a lock period of one month or longer. The relevant contracts are:

1 month: 0xeC8FC8F622d5dA70162285FA76e896AB403BF1B3 3 months: 0xc8fee8f78aBC7ba5fF314091Dc64240Bdd36b794 6 months: 0x5E5A1Ee6BeA02D24B19C322006614902ED638Ba5

Off-Chain Vote

Approve
27.91M OPEN95.3%
Reject
1.37M OPEN4.7%
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Discussion

Open Custody Protocol (x Qredo)OIP-1 - Restricting Governance Participation to Staking Wallets

Timeline

Jun 07, 2024Proposal created
Jun 10, 2024Proposal vote started
Jun 12, 2024Proposal vote ended
Oct 25, 2024Proposal updated