Summary
The proposal from Matter Labs and the accompanying proposal issued jointly by both ZKsync Foundation and the Treasure core contributors revisits the ratified proposal TIP-36: Ecosystem Selection for the Treasure Chain (approved by TreasureDAO on February 21, 2024) to launch the Treasure L2 as the leading gaming chain on ZKsync’s Elastic Chain, instead of on Arbitrum Orbit.
TIP-44 combines the two proposals above, as well as outlines the final parameters of the Treasure L2 to launch it as the leading gaming chain on ZKsync’s Elastic Chain, instead of on Arbitrum Orbit.
Read Full Proposal
Voting Eligibility
The following holders of MAGIC can vote:
- (A) Stakers in the TreasureDAO Governance Staking contract, and Sushi (MAGIC-ETH SLP) on Arbitrum One.
- (B) Holders of all listed Magicswap LP tokens and stakers in Beefy’s mooSushiMAGIC-ETH vault or Balancer’s 50% MAGIC / 50% USDC weighted pool.
gMAGIC will be calculated on a 1:1 basis in (A) and 0.5 ratio in (B) (50% of MAGIC amount)
Off-Chain Vote
Approve (Migrate to ZKsync)
4.15M gMAGIC99.5%
Reject
22.24K gMAGIC0.5%
Abstain
0.17 gMAGIC0%
Quorum:139%
Discussion
Timeline
Sep 17, 2024Proposal created
Sep 17, 2024Proposal vote started
Sep 23, 2024Proposal vote ended
Dec 03, 2024Proposal updated