Community Voting for Epoch 23 Total Reward Allocation

To advance OpenLeverage’s transition to a decentralized autonomous organization (DAO) and foster greater community involvement and transparency, we are introducing a significant change starting from Epoch 21.

The distribution of epoch total reward amount for Trading, Lending, Borrowing, and xOLE Farm will be determined exclusively through a 100% community-driven vote on Snapshot.

Rewards will be distributed proportionally among the following modules based on the community vote:

• Trading Total Reward (BNB Chain) • Lending Total Reward (BNB Chain) • Borrowing Total Reward (BNB Chain)

• Trading Total Reward (Arbitrum) • Lending Total Reward (Arbitrum) • Borrowing Total Reward (Arbitrum)

• xOLE Farm Reward (BNB Chain) • xOLE Farm Reward (Arbitrum) • xOLE Farm Reward (KuCoin Community Chain)

For example, if the community votes to allocate 20% of rewards to Lending on the BNB Chain, the specific distribution for Lending Total Reward would be 2,900,000 * 20% = 580,000 OLE.

Each voter may spread voting power across any number of choices. Let us move towards a more decentralized and community-driven OpenLevrage.