• © Goverland Inc. 2026
  • v1.0.5
  • Privacy Policy
  • Terms of Use
Jarvis NetworkJarvis Networkby0x5ae7E199EC6ACfe1D7ee28401637a0AE897818c10x5ae7…18c1

Should we maintain the current incentives for holding jFiat?

Voting ended almost 5 years agoSucceeded

1 month ago, the governance approved the incentivization of holding jFiat.

  • 30% of the $UMA rewards have been sold for 39,271.03 USDC in order to mint jFiat; this translate to an approximative monthly yield of 6.75% + JRT will be added to match a monthly yield of 10% (about 125k JRT at today's rate).
  • 20% of the $UMA rewards have been sent to the Synthereum LP.

The plan was to hold this program until the launch of the official farming program, which will be launch in 1-2 weeks.

Question: should we maintain the current incentives until the launch of the official program?

  1. Yes, unchanged: we keep selling 30% of the $UMA for USDC to mint jFiat, and we add JRT to match a monthly yield of 10%.
  2. Yes, but we need to change them: we will hold another vote to modify these incentives.
  3. No: we stop the program. 100% of the $UMA are kept by the governance.

Off-Chain Vote

Yes, unchanged
12.21M 55.6%
Yes, but we need to change them
1.49M 6.8%
No
8.27M 37.6%
Download mobile app to vote

Timeline

Apr 21, 2021Proposal created
Apr 21, 2021Proposal vote started
Apr 23, 2021Proposal vote ended
Oct 26, 2023Proposal updated