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Jarvis NetworkJarvis Networkby0x67EEe2Cbf41089dF4C788282522445E834CF631E0x67EE…631E

Incentivize minting jFiat : amount of JRT allocated

Voting ended about 5 years agoSucceeded

This proposal follows this one : https://snapshot.org/#/synthereum.eth/proposal/QmQoH4GhxY1DtHqNicSR2mFzWefMPe817or4ir5XQEGda4

As the community voted to recieve jFiat AND JRT, we have to define the amount of JRT which will be allocated.

To make it simple, we'll define the APY for the next 4 weeks of incentive.

The initial APY (without JRT) is about 60%, which is a 4.6% yield for the upcomming 4 weeks of incentive.

By adding the JRT's, the yield for the next 4 weeks of incentive will be raised to :

A- 5% B- 7% C- 10%

If option A wins, around 10600 JRT per month will be distributed If option B wins, around 63560 JRT per month will per month be distributed If option C wins, around 143000 JRT per month will per month be distributed

Off-Chain Vote

5%
7.53M 40.3%
7%
3.01M 16.1%
10%
8.13M 43.5%
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Timeline

Mar 20, 2021Proposal created
Mar 20, 2021Proposal vote started
Mar 21, 2021Proposal vote ended
Oct 26, 2023Proposal updated