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SiloSiloby0xd5F25142682439E96E9a2aae7eDb6BDC8489C8bc0xd5F2…C8bc

Initiate Silo Vaults Emission Program - Vault Manager incentives

Voting ended 10 months agoSucceeded

Please vote on the following proposal as outlined in the Silo Governance Program.

  1. Allocate 71,428,571 $SILO to the Vault Manager Incentive program
  2. $SILO is to be distributed to vault managers based on DAO revenue or TVL KPIs as outlined in the proposal
  3. A maximum of 71,428,571 $SILO is to be distributed with any remainder returned to the DAO treasury

Program Terms: Deposits made through minting/issuing assets into vaults are excluded Performance metrics evaluated using 60-day median to mitigate short-term volatility and ensure fair and consistent assessment Rewards to be distributed quarterly and subject to one-year linear vesting Program to run for one year or until the total allocation is exhausted, whichever occurs first If achieved TVL/revenue falls between two predefined tiers, rewards will be granted at the lower tier’s rate SiloDAO reserves the right to withhold incentives in cases of abuse, including inflating TVL, operating vaults on suspicious markets, acting in ways detrimental to SiloDAO, or otherwise suspicious activity.

Off-Chain Vote

For
86.45M SILO100%
Against
0 SILO0%
Abstain
0 SILO0%
Quorum:865%
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Discussion

SiloInitiate Silo Vaults Emission Program - Vault Manager incentives

Timeline

Apr 18, 2025Proposal created
Apr 18, 2025Proposal vote started
Apr 20, 2025Proposal vote ended
Apr 20, 2025Proposal updated