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Injective Protocol

#621

PASSED

OLP Reward Disbursement – Epoch 55

Proposal Type: MsgBatchCommunityPoolSpend

Proposal Contents (*the original text from the proposer)

If passed, this proposal confirms the final Open Liquidity Program institutional performance of epoch 55 as well as the distribution of 29683.648 INJ tokens, comprising 14833.904 INJ vested from epoch 52, and 14849.744 INJ representing 50% of the epoch 55 rewards allocation. The remaining OLP rewards from epoch 55 will be disbursed along with the rewards disbursement of epoch 58. The recipient must still be an active participant of the program in order to receive future disbursements. For a further breakdown of rewards, refer to the IPFS link: https://olp.mypinata.cloud/ipfs/QmNbvsRetPBr3WbjumDWSoC2BoHy8cGVojVF3wFw8paApY

Actions:

  • By voting yes on this proposal, you support spending 29683.648 INJ tokens from the community pool for the epoch 55 OLP rewards distribution.
  • By voting no on the proposal, you do not support spending 29683.648 INJ tokens from the community pool for the epoch 55 OLP rewards distribution.
  • By voting no with veto, you find this proposal to be spam, irrelevant, or malicious to governance, and support burning the 100 INJ deposit if NoWithVeto votes are greater than one-third of the total voting power.
  • By voting abstain, you wish to contribute to quorum while formally declining to vote either for or against the proposal.

Disclosure: I am a member of the Injective Labs team.

Voting Results

Status: Quorum Met
(54.62% of the required 33.40%)
Tokens Voted
30,212,049
Yes
21,336,787
70.6%
No
4,619
0.0%
No With Veto
31
0.0%
Abstain
8,870,612
29.4%

Vox Populi

Community discussions related to the proposal.

There do not appear to be any discussions on this proposal at this time.