TIP15 - Adjustments on trade mining cycle and the MM’s rewards distribution（交易挖矿及做市商奖励发放周期调整）

Background

• After the end of LON genesis mining, LON trade mining restarted on 1st April and phase III is in progress. As of 15th June, the total has reached 573,192.93 LONs which exceeds the total reward on phase II. The current trade mining cycle of each phase is 4 weeks.
• The market maker is one of the key participant on LON trade mining. They will share the reward pool of the "liquidity provider" in each period. And after the end of each phase, they can claim their reward together with normal traders on Tokenlon, but the reward will not be distributed in one time. Instead, the distribution will be finished in the next 6 months.

Goal

Let the community decide on the adjustments on trade mining cycle and the MM’s rewards distribution

Proposed Action Items

According to the voting result, the adjustment will be made to the cycle of trade mining on phase IV and future phases. And the adjustment of market maker rewards distribution will take effect immediately.

Voting Rules

• Addresses with more than 0 LON, xLON or LON related LP tokens can vote (including unclaimed LON reward)
• LON balance snapshot block: 12644039
• Voting start time: 2021.6.16 7:00 UTC
• Voting end time: 2021.6.18 7:00 UTC

Voting Options

• A. Remain unchanged
• B. Mining cycle remains unchanged, the MM’s reward will be distributed in one time after 3 months.
• C. Mining cycle adjusts to 6 weeks, no change on MM’s reward distribution
• D. Mining cycle adjusts to 6 weeks, the MM’s reward will be distributed in one time after 3 months.

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背景

• 自 LON 创世挖矿结束后，LON 交易挖矿于 4 月 1 日重启，并已平稳运行 2 期，第三期交易挖矿进行中，截至 6 月 15 日，总奖池已累计 573,192.93 个 LON，已超第二期奖池规模，目前每期交易挖矿周期为 4 周。

• 做市商作为交易挖矿参与方之一，每期将会瓜分「流动性提供方」奖池奖励，并且在每期结束后，与 Tokenlon 参与交易挖矿的用户同时开放 LON 奖励认领，并在 6 个月内线性释放完。

目的

由社区决定，是否调整交易挖矿周期以及是否对于做市商奖励发放的方式进行调整

提案执行项

根据投票结果，对第四期及以后的交易挖矿周期进行调整，做市商奖励发放方式调整立即生效。

投票规则

• 钱包地址余额 LON（包含未领取的奖励），xLON 或 LON 相关 LP Token 大于 0 的地址能够参与本次治理投票
• LON 持有量快照区块高度：12644039
• 治理投票开启时间：2021.6.16 15:00 UTC+8
• 治理投票结束时间：2021.6.18 15:00 UTC+8

投票选项

• A. 保持不变
• B. 交易挖矿周期不变，做市商奖励发放改为 3 个月后一次性发放
• C. 交易挖矿周期改为 6 周，做市商奖励发放方式不变
• D. 交易挖矿周期改为 6 周，做市商奖励发放改为 3 个月后一次性发放