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IoTeX NetworkIoTeX Networkby0x2Ed3767CfCBCEb42ff5F3642d4DF6f851B9470730x2Ed3…7073

Extend “Foundation Bonus” Staking Rewards

Voting ended over 4 years agoSucceeded

⭐️ Context (please read): https://community.iotex.io/t/community-vote-extend-foundation-bonus-staking-rewards/3401

This proposal is to extend the Foundation Bonus for one year starting with the launch of Mainnet v1.5 in Q4 2021. The Foundation Bonus rewards consist of 80 IOTX per epoch for all Top 36 Delegates -- in total, the IoTeX Foundation will provide an additional ~25M IOTX in rewards for Delegates and voters. These additional incentives will incentivize better service/uptime from Delegates, making IoTeX more reliable and decentralized.

  • Any IoTeX stakeholder (i.e., those that stake IOTX) can vote
  • Voting Period: Wednesday, September 15 - Friday, September 24
  • Implementation (if accepted): Mainnet v1.5 (Q4 2021)

Off-Chain Vote

Yes
234.35M 100%
No
24.22K 0%
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Timeline

Sep 16, 2021Proposal created
Sep 16, 2021Proposal vote started
Sep 25, 2021Proposal vote ended
Oct 26, 2023Proposal updated