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Volatility ProtocolVolatility Protocolby0x67084D7FE5e1f7d0E76299b795877B51f8cfC3100x6708…C310

Vote to determine: How should rewards be distributed?

Voting ended almost 5 years agoSucceeded

There will be roughly 576,923 VOL tokens released during vesting over the next week. This vote is to determine the weighting of how those tokens are distributed from Monday June 21, 12:00 AM UTC to Sunday June 27th 11:59:59 UTC.

For specific instructions on this vote and rewards, please see the following blog post:

https://blog.defivolatility.com/initial-voting-and-rewards-distribution-86acabc8f6cb

The following is a description of each choice:

• Staked LP Shares for VOL/ETH Sushi Pool - VOL rewards will be distributed proportionally to LP providers. Any LP tokens held by Volatility Protocol will not be staked.

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

• Voting - VOL rewards will be distributed proportionally based on the amount of VOL tokens used in voting. NOTE: While this vote is outside of the rewards week, it counts towards next week's rewards.

Rewards will be calculated Monday June 28th and will be redeemable at that time.

Off-Chain Vote

Staked LP Tokens VOL/ETH - SUSHI
131.64K 40.2%
Staked VOL Tokens
36.7K 11.2%
Voting
158.92K 48.6%
Download mobile app to vote

Timeline

Jun 19, 2021Proposal created
Jun 19, 2021Proposal vote started
Jun 20, 2021Proposal vote ended
Oct 26, 2023Proposal updated