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Router ProtocolRouter Protocolby0x41CdE29bF9aea095fDD204D150451678b2c6A7360x41Cd…A736

[Important] Router Chain Tokenomics

Voting ended almost 2 years agoSucceeded

Please read the entire proposal before voting.

Proposal Link

https://routerprotocol.medium.com/route-2-0-chain-abstraction-by-building-the-middleware-for-web-3-0-6fc0333db228

Options

  • Option 1) Addition of 7.5 Million new ROUTE tokens over next 5 years from TGE
  • Option 2) Addition of 10 Million new ROUTE tokens over next 6 years from TGE

Note: TGE refers to the Router chain TGE, which is expected to happen in Q2 2024

Voting Considerations

  • All ROUTE holders will be afforded one vote against each ROUTE token they hold on Polygon, BSC, and Ethereum.
  • Users who have provided ROUTE token liquidity on any Dfyn Exchange (single and dual asset) farms will also be awarded 1:1 voting power per ROUTE token staked.
  • This proposal is using the weighted voting strategy, i.e., each voter will have the option to spread their votes across any both of options.
  • The snapshot for this proposal has been taken at 5:00 P.M. UTC on Sunday, Jan 28, 2024.
  • This governance event will remain live from 5:00 P.M. UTC on Sunday, Jan 28, 2024, to 5:00 P.M. UTC on Sunday, Feb 11, 2024.

Quorum Standards

The options would be ranked on the basis of the percentage of votes each option accrues. The option with the highest votes will be treated as final.

Off-Chain Vote

Addition of 7.5M new ROUTE
719.35K ROUTE39.1%
Addition of 10M new ROUTE
1.12M ROUTE60.9%
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Timeline

Jan 28, 2024Proposal created
Jan 28, 2024Proposal vote started
Feb 11, 2024Proposal vote ended
Feb 12, 2024Proposal updated