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Lattice GatewayLattice Gatewayby0xB1846732A83E872a76302A86f98086022099140BLattice Proposal Committee

[LIP #9] veLTX Reward Eligibility

Voting ended over 2 years agoSucceeded

Please carefully read the proposal thread and the team suggestion on the governance forum before you vote: https://commonwealth.im/lattice-gateway/discussion/11372-lip-veltx-reward-eligibility

This proposal looks at stakers eligibility for rewards with the intention of ensuring that all veLTX holders are treated fairly for their commitment and time as governance token holders when it comes qualification for rewards.

It suggests two alternative approaches to the current practice by which new stakers are entitled to all rewards from the moment they acquire their governance tokens. The proposals seek to combat the potential for the strategic sniping of particular rewards drops by delaying staking until just before issuance, and ensure participation in the ecosystem is rewarded appropriately in a fair and transparent manner.

This proposal puts forward two alternatives giving three approaches for the governance community to consider as the best way to ensure veLTX holders are treated fairly regarding staking and qualification for rewards. These are:

  1. Continuing with the current model.
  2. The introduction of a one month waiting period.
  3. Matching participation and presence with rewards.

Off-Chain Vote

No change
14.5M veLTX85.3%
1 month waiting period
808.71K veLTX4.8%
Rewards based on activity
1.7M veLTX10%
Quorum:199%
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Discussion

Lattice Gateway[LIP #9] veLTX Reward Eligibility

Timeline

Sep 03, 2023Proposal created
Sep 06, 2023Proposal vote started
Sep 13, 2023Proposal vote ended
Mar 20, 2026Proposal updated