Release of Rewards: Vote A

In the rewards channel on Volatility Protocol’s Discord there is discussion about whether reward tokens should be released immediately or vested over time. Other protocols like Synthetics (SNX) and Sushi had rewards vest so that the number of tokens would not dramatically increase when their protocols were still nascent.

This series of votes is based on the discussion in the Discord. This vote (Vote A) solely determines whether or not the rewards should vest or should be released immediately upon weekly calculation. The subsequent votes (i.e. Vote B & Vote C) will only count if Vote A passes as “Yes to Vest”. If Vote A ends with a “No Don’t Vest” majority, then the subsequent Votes will not count (including for rewards). It will be as if they did not happen.

Before voting, it is recommended that you read all proposals to understand the full system.

The choices for this vote are defined as follows:

Yes to Vest - Rewards will not be released immediately. Vesting will happen based on the parameterization setting of Vote B.

No Don’t Vest - Rewards will be released immediately for all users after calculation each week.