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Meter Governance MTRGMeter Governance MTRGby0x0F8684F6dC76617D6831B4546381eb6CFB1C559Fsurajsinhgaikwad.eth

MIP: Incentivizing TVL and Node Operations through Meter Foundation Node Delegation

Voting ended about 3 years agoSucceeded

This improvement proposal aims to incorporate additional Meter Foundation Delegation to Validators (over and above Meter Ecosystem - Roadmap to 500 Nodes program) based on their TVL contribution to the Meter Ecosystem

The core goals of this proposal are;

  1. Further decentralize the network with more validators
  2. Increase TVL on Meter Network

We propose additional Meter Foundation Delegation of 2 Million MTRG to Validators in addition to the Meter Ecosystem - Roadmap to 500 Nodes program.

Considering the value added to the ecosystem, the MTRG delegation will be provided as below,

  1. MTRG Pairs in DEX: 150% of TVL
  2. Blue Chip Assets + Stablecoins + PASS Holders: 100% of TVL

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A google form (https://forms.gle/3mDoapZDEHK47NGr8) will be used to get information on the Node Addresses willing to participate in the program.

The TVL will be considered across all current and new DeFI applications on Meter Network.

Off-Chain Vote

Yes: Approve Delegation
124.21K MTRG100%
No: Deny Delegation
0 MTRG0%
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Discussion

Meter Governance MTRGMIP: Incentivizing TVL and Node Operations through Meter Foundation Node Delegation

Timeline

Jan 02, 2023Proposal created
Jan 02, 2023Proposal vote started
Jan 04, 2023Proposal vote ended
Jun 11, 2024Proposal updated