• © Goverland Inc. 2026
  • Privacy Policy
  • Terms of Use
Merit CircleMerit Circleby0x610F6C4b26E167Ca7eb0FDb0e522e7be336588e80x610F…88e8

MIP-30 - Extension of the MC to BEAM token migration period

Voting ended about 2 years agoSucceeded

This proposal seeks an extension to the migration period from MC to BEAM tokens from 12 months to 15 months, acknowledging that some long term community members still possess unclaimed V1 rewards.

The extension is now proposed to be limited to 3 months, to accommodate the concerns of community members regarding risks that the migration contract will bring, and that two tokens would have to be managed for a longer time. An extension of the opening of the bridge by 25% (from 12 to 15 months) rather than 100% (from 12 to 24 months) should limit these risks to a manageable degree.

A time-lock of the migration contract is proposed. That is, that once these 15 months are over, the migration will close once and for all and won’t be able to be reopened. The time-lock will be implemented, if technically possible.

You can read more about the proposal in the attached link.

Are you in favor of this proposal?

Off-Chain Vote

Yes
293.51M BEAM22.6%
No
1B BEAM77.4%
Quorum:288%
Download mobile app to vote

Discussion

Merit CircleMIP-30 - Extension of the MC to BEAM token migration period

Timeline

Dec 13, 2023Proposal created
Dec 13, 2023Proposal vote started
Dec 15, 2023Proposal vote ended
Dec 15, 2023Proposal updated