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Ricochet ExchangeRicochet Exchangeby0x3226C9EaC0379F04Ba2b1E1e1fcD52ac26309aeA0x3226…9aeA

Retroactive Rewards for Gas Burned

Voting ended over 2 years agoSucceeded

This proposal is an amendment a previous proposal that started vesting tokens as reimbursement for Gelato gas burned. The USDCx vesting stream was closed due to a liquidation the treasury experienced in April. This proposal is to transfer the remaining unvested amount rather than reopen the streams.

Current Vesting:

  • 250 USDCx per month for 18 months
  • 12500 RIC/month for 18 months

Proposed Vesting:

  • 4500 USDCx sent right away in a single transfer
  • 12500 RIC/month for 18 months

The RIC portion of the vesting will continue as it they were uninterrupted by the USDCx liquidations.

Off-Chain Vote

Yes, amend the proposal
396.18K RIC100%
No, take no action
0 RIC0%
Quorum:158%
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Timeline

May 13, 2023Proposal created
May 13, 2023Proposal vote started
May 17, 2023Proposal vote ended
Oct 26, 2023Proposal updated