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Volatility ProtocolVolatility Protocolby0x67084D7FE5e1f7d0E76299b795877B51f8cfC3100x6708…C310

August 3rd Reward Distribution Vote

Voting ended over 4 years agoSucceeded

There will be roughly 576,923 VOL released over the next week. This vote is to determine how those tokens are distributed from Thursday August 5th 13:00 UTC to Thursday August 12th 13:00 UTC.

For specific instructions on how voting for rewards works, please see this blog post.

The following is a description of each choice:

• Sushi LP Shares for VOL/ETH Pool — VOL rewards will be distributed proportionally to Sushi Swap liquidity providers. To add liquidity, visit the Sushi LP pool at https://app.sushi.com/add/ETH/0x5166E09628b696285E3A151e84FB977736a83575 (Note that the SLP tokens created using proceeds from the IDO and held by Volatility Protocol will not be staked.)

• Uniswap V2 LP Shares for VOL/ETH Pool — VOL rewards will be distributed proportionally to Uniswap V2 liquidity providers. To add liquidity, visit the Uniswap LP pool at https://app.uniswap.org/#/add/v2/ETH/0x5166E09628b696285E3A151e84FB977736a83575 (Note that Uniswap V3 shares are not supported.)

• Staked VOL Tokens — VOL rewards will be distributed proportionally based on the amount of VOL tokens staked.

• Governance Participation — VOL rewards will be distributed proportionally based on the amount of VOL tokens used in voting. (Note that while this vote is technically outside of the rewards week, it counts towards next week's rewards.)

• Rewards on Rewards — Any VOL rewards that have been claimed and are in the vesting contract are eligible. Rewards will be distributed proportionally based on the amount of VOL tokens currently in the vesting contract, whether or not they’re fully vested. (Note that VOL rewards that have been earned but not claimed are NOT eligible.)

Governance Participation and Rewards on Rewards will be calculated and issued when the new staking contract is launched. An audit will be released showing these rewards to be accurate. All staking rewards are accrued in real-time throughout the rewards period.

Off-Chain Vote

Sushi LP Shares for VOL/ETH Pool
459.87K 29.2%
Uniswap V2 LP Shares for VOL/ETH
396 0%
Staked VOL Tokens
157.42K 10%
Governance Participation
957.36K 60.7%
Rewards on Rewards
861.07 0.1%
Download mobile app to vote

Timeline

Aug 03, 2021Proposal created
Aug 04, 2021Proposal vote started
Aug 05, 2021Proposal vote ended
Oct 26, 2023Proposal updated