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Title: Resupport LAY Emission from Starlay’s Treasury

Date: Oct 1st, 2024

Proposed by: Starlay Chan Initiative (SCI)

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Summary

• We proposed extra 6 months emission in Mar and distribute till Sep
• So the emission of LAY will conclude in Sep, leaving Oct without incentive distribution.
• To bridge this gap, we propose distributing rewardf over the next six months.
• We aim to distribute a total of 17,336,130 LAY from the Treasury over the six months.

Specification

Process

• Withdraw 17,336,130 LAY from https://debank.com/profile/0x99baebbd28bac1125b84ce1e4b49f077049122e3.
• Deposit the LAY into Starlay’s Incentive Controller.

Next Steps

We will put the proposal to a vote via Snapshot in 3 days

Voting Schedule

Voting Period: 4th Oct, 09:00 UTC - 7th Oct, 09:00 UTC. Vote Here: https://snapshot.org/#/starlay.eth/proposal/0xb865ff6b873cb480ababb0a2eb799e5af73648f2d997428095ed0c7c1a9a2b9f

Voting Option

YES - Approve the proposal NO - Reject the proposal