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THORSwap CommunityTHORSwap Communityby0x560f0108828C8F9f5c0e50e96641A162aE207042mogarchy

[TIP-016] Accelerate THOR/RUNE reward distribution

Voting ended about 1 year agoSucceeded

THE PROPOSAL

Accelerate the timeline for THOR & RUNE reward distribution as described in TIP-015 from 90 days to 30 days

Summary

TIP-015 initially proposed a 90-day distribution window. However, the implementation of another aspect of TIP-015—ensuring equity for large THOR holders—has taken longer than anticipated due to the required steps, including smart contract creation, legal processes, and token locking.

This proposal seeks to reduce the distribution window from 90 days to 30 days. The distribution is expected to commence in late January, though the exact start date is yet to be determined (TBD). The distribution process will begin as soon as all equity claimants have unstaked from vTHOR.

Off-Chain Vote

For (30 day distribution)
2.18M THOR99.5%
Against (90 day distribution)
10.11K THOR0.5%
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Discussion

THORSwap Community[TIP-016] Accelerate THOR/RUNE reward distribution

Timeline

Jan 22, 2025Proposal created
Jan 22, 2025Proposal vote started
Jan 27, 2025Proposal vote ended
Jan 27, 2025Proposal updated