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TempusTempusby0x122E5BdE2CCd2FD3A86971c04Ef99BB559f45f6F0x122E…5f6F

Should TEMP holders be rewarded with NOS following the launch of Nostra?

Voting ended about 3 years agoSucceeded

When Tempus rebranded from a fixed income protocol to multiple product lines, Tempus Labs wanted to ensure that TEMP holders would accrue value from all future products built by the team.

Tempus Labs believes that Nostra should have its own token (NOS) for the long-term sustainability and decentralization of the project, specifically by enabling its own community governance on StarkNet.

We propose that TEMP holders will be eligible to receive NOS equivalent to approximately 60% of their percentage ownership of TEMP on a fully diluted basis.

This means that, for every 1 TEMP you own, you will receive at least 0.6 NOS (assuming the fully diluted token supply for NOS will also be 1 billion tokens, which is yet to be confirmed). The staking programme will run for a period of 2 years.

We believe this proposal sets forward a fair distribution where TEMP holders, Tempus SAFT investors, and the team receive NOS tokens on the same economic basis.

More details (including on timing and next steps) can be found in the below thread on the Tempus governance forum.

https://forum.tempus.finance/t/proposal-rewarding-temp-holders-following-the-launch-of-nostra/170

Off-Chain Vote

Yes
3.9M TEMP100%
No
0 TEMP0%
Quorum:130%
Download mobile app to vote

Timeline

Nov 07, 2022Proposal created
Nov 07, 2022Proposal vote started
Nov 10, 2022Proposal vote ended
Oct 26, 2023Proposal updated