Summary Please note that this Snapshot has a default 72-hour voting window.
MFIP-1's Snapshot proposes the following main points:
Meridian has experienced significant growth over the past year, achieving major milestones that have benefited Meridian Finance’s user hub. This progress is due to the dedicated efforts of the team at Meridian Ventures LTC, a registered development company that also founded the Meridian Finance protocol.
To ensure that the Meridian Finance protocol evolves towards greater decentralization, in line with the motivations of the crypto space and ongoing regulatory procedures, a governance channel has been launched. The first snapshot vote in this channel will determine whether Meridian Ventures should continue their role in expanding Meridian Finance.
Rationale Meridian is poised for greatness, and we aim to preserve the value of MST holders by involving them in shaping its future. Therefore, MST holders will have a say in Meridian's important decisions.
Following two main principles, we have decided to initiate a vote to determine whether Meridian Ventures LTD should continue as the developers of the Meridian Finance protocol:
Voting Yes - Meridian ventures will continue to manage the development and expansion of the protocol.
Voting No - once a suitable replacement has been agreed through further votes, Meridian ventures will cease to manage and develop the Meridian Finance protocol
More Details at Meridian’s 1-year anniversary letter: https://medium.com/@meridianFinance/meridian-1st-anniversary-meridian-ventures-yearly-letter-future-roadmap-13988bf7ebbc