RIP #6 - Radiant Capital’s Redistribution of the LayerZero Airdrop
Abstract:
This proposal aims to determine the preference of vlRDP holders on Radiant Capital's redistribution plan for the first LayerZero airdrop. The primary debate centers on the allocation for expired and withdrawn dLPs.
Motivation:
The key issue for consideration is how much to allocate to expired and withdrawn dLPs. It is crucial to align the redistribution plan with the interests of the community while ensuring the long-term growth and engagement of contributors within Radiant Capital.
Specification:
The community will vote on the following seven options, each combining a specific allocation split between OFT-RDNT bridge activities and dLP, and a status multiplier for withdrawn dLP:
Options:
- 15% to OFT-RDNT, 75% to dLP, 0x Withdrawn dLP
- 15% to OFT-RDNT, 75% to dLP, 0.1x Withdrawn dLP
- 15% to OFT-RDNT, 75% to dLP, 0.25x Withdrawn dLP
- 10% to OFT-RDNT, 80% to dLP, 0x Withdrawn dLP
- 10% to OFT-RDNT, 80% to dLP, 0.1x Withdrawn dLP
- 10% to OFT-RDNT, 80% to dLP, 0.25x Withdrawn dLP
- Abstain
Please refer to Radiant Capital's RFP-37 for further details: https://snapshot.org/#/radiantcapital.eth/proposal/0x684d04c39bd70310ffccd9469553d3bcabb84fced2cf1c26d6dfec606d62605c
Off-Chain Vote
15%/75%, 0x Withdrawn
0 vlRDP0%
15%/75%, 0.1x Withdrawn
12.38 vlRDP0%
15%/75%, 0.25x Withdrawn
0 vlRDP0%
10%/80%, 0x Withdrawn
163.96K vlRDP98.8%
10%/80%, 0.1x Withdrawn
1.71K vlRDP1%
10%/80%, 0.25x Withdrawn
252.59 vlRDP0.2%
Abstain
0 vlRDP0%
Timeline
May 28, 2024Proposal created
May 28, 2024Proposal vote started
May 30, 2024Proposal vote ended
May 30, 2024Proposal updated