Please read the entire proposal before voting.
Summary
On April 14th we announced that the work for Router Protocol’s first-ever NFT project is underway. With a prize pool of 3300 $ROUTE, Router NFT was declared to be a completely crowdsourced project. The participants had to submit their entries between 14th April 2022 and 14th May 2022. While our team has selected the top 10 entries from the competition, to accentuate the spirit of shared governance, Router Protocol’s team has decided to leave the ranking of the top 3 entries up to our community (as mentioned in our announcement). The rewards for the top 3 entries would be divided in the following order:
- First Position: 1000 $ROUTE
- Second Position: 500 $ROUTE
- Third Position: 400 $ROUTE
Options
Voting Considerations
- All ROUTE holders will be afforded one vote against each ROUTE token they hold on Polygon, BSC, and Ethereum. Unfortunately, ROUTE token holders on Avalanche and Fantom are not eligible to participate in this vote.
- Users who have provided ROUTE token liquidity on Dfyn Exchange (whether or not they have staked their LP tokens in any Dfyn Exchange farms) will have 1.5x voting power, i.e. they will be given 1.5 votes against each ROUTE token staked. Note that the votes against DFYN LP tokens staked in other yield aggregating platforms won't be taken into consideration.
- This proposal is using the weighted voting strategy, i.e., each voter will have the option to spread their votes across any number of options.
- The snapshot for this proposal has been taken at 2:15 P.M. UTC on Thursday, May 2, 2022.
- This governance event will remain live from 2:15 P.M. UTC on Thursday, May 2, 2022, to 5:00 P.M. UTC on Monday, May 6, 2022.
Quorum Standards
The options would be ranked on the basis of the percentage of votes each option accrues.