Kickstart incentives distribution with 100k MFI
This proposal has been updated based on feedbacks from the community.
The Marginswap multisig wallet currently holds 33.73% of all MFI https://etherscan.io/token/0xaa4e3edb11afa93c41db59842b29de64b72e355b?a=0xeed9d1c6b4cdecb3af070d85bfd394e7af179cbd 1,000,000 MFI was initially meant to be distributed to lenders (Lasting 2.5 years) , but since Marginswap is on Ethereum, Polygon, and Avalanche, it would be better if the community decides now and again how to incentivise lending and trading on these chains.
Proposal: Distribute 100k MFI for the next 30 days beginning on Monday the 21st of June.
Distribution: 40% to lenders (targeting stables and other selected tokens ) 15% to stakers 15% to liquidity providers 15% for trading competition 5% to contributors.
Do you agree to the plan above?
Off-Chain Vote
YES
786.77K 99.8%
NO
1.2K 0.2%
Timeline
Jun 17, 2021Proposal created
Jun 17, 2021Proposal vote started
Jun 20, 2021Proposal vote ended
Oct 26, 2023Proposal updated