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Ricochet ExchangeRicochet Exchangeby0xfcDc6352821B3e72a724117d5b56e275327D5FE60xfcDc…5FE6

V1 Liquidity Mining Allocation

Voting ended over 4 years agoSucceeded

As specified in the white paper regarding the RIC token:

10% will be distributed as part of a version 1 liquidity mining program.

So far, 4.33% of the RIC tokens have been distributed as part of that program.

This is a proposal to add the remaining 5.67% of RIC tokens uniformly to each of the supported tokens (ETH, WBTC, MKR, MATIC) and distribute them over the next 3 months.

The poll for this proposal is a yes/no vote.

If the proposal passes, then the following actions will be taken by Ricochet DAO:

  1. It will add 5.67% of the RIC supply uniformly into the existing stream exchanges
  2. It will set the subsidy rate on each exchange to distribute the RIC over the next 3 months

Off-Chain Vote

Yes, let's do it
99.05K 100%
No, let's not
0 0%
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Timeline

Oct 01, 2021Proposal created
Oct 01, 2021Proposal vote started
Oct 07, 2021Proposal vote ended
Oct 26, 2023Proposal updated