TIP-010 $1m purchase of FTM tokens
In light of recent market downturns, we see this as a prime opportunity to purchase more FTM tokens to increase the size of our two Validator Nodes. This will effectively double the base-rewards they receive for their work.
We propose to use $1m DAI from our treasury to purchase FTM tokens to self-delegate 50/50 to our two Validators.
Vote below:
Off-Chain Vote
YES
56.19K 99.9%
NO
63.8 0.1%
Timeline
Mar 10, 2022Proposal created
Mar 10, 2022Proposal vote started
Mar 12, 2022Proposal vote ended
Oct 26, 2023Proposal updated