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Velora DAOVelora DAOby0x826f4BC3E5eB798f5f23345D375DC09CD64572F1velora.wakeuplabs.eth

Rewards distribution for Epoch 29

Voting ended 10 months agoSucceeded

Rewards distribution for Epoch 29

This proposal aims to execute the Rewards distribution for Epoch 29, targeting users staking sePSP1 and sePSP2.

Total Rewards for distribution:

125.878946743894495079 wETH

Note: WakeUp Labs fees for the distribution are 0.895509739212228251 wETH which will be transferred on a separate transaction from the GovCo Mainnet wallet

Total Rewards for distribution for ETH Mainnet: 114.440878338729613389 wETH Merkle tree root hash: 0x7d0de5791c9acd069e616817b7b1ce2becaa81e7a4d236e44c9e400c1a9e7b91

Total Rewards for distribution for OP Mainnet: 11.43806840516488169 wETH Merkle tree root hash: 0x92a2399d8b727a59a11d2469b52b8133c01fbde47044d778f6eb106a014b7c17

Distribution files:

  • IPFS Folder for Epoch 29 Rewards

Note: Rewards Epoch is equal to 28 due to first PSP 2.0 Epoch being Epoch 0 and communicated externally as Epoch 1

Transaction Details

If this proposal is approved it will perform 2 actions on each chain (ETH Mainnet and OP Mainnet):

  1. approve wETH to be used by distributor contract
  2. Transfer wETH and update merkle tree root hash a. transfer wETH to distributor contract b. update merkle tree root hash

Off-Chain Vote

For
491.9M PSP100%
Against
0 PSP0%
Abstain
220.99K PSP0%
Quorum:1968%
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Discussion

Velora DAORewards distribution for Epoch 29

Timeline

Apr 21, 2025Proposal created
Apr 21, 2025Proposal vote started
Apr 24, 2025Proposal vote ended
Nov 26, 2025Proposal updated