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Injective Protocol

#631

PASSED

OLP Reward Disbursement – Epoch 57

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 57 as well as the distribution of 28766.640 INJ tokens, comprising 13916.675 INJ vested from epoch 54, and 14849.965 INJ representing 50% of the epoch 57 rewards allocation. The remaining OLP rewards from epoch 57 will be disbursed along with the rewards disbursement of epoch 60. 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/Qmci3uuUD3xKP9pPEVRLWE7dxG3FWKSMJj2aWv68QuSjBN

Actions:

  • By voting yes on this proposal, you support spending 28766.640 INJ tokens from the community pool for the epoch 57 OLP rewards distribution.
  • By voting no on the proposal, you do not support spending 28766.640 INJ tokens from the community pool for the epoch 57 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
(54.79% of the required 33.40%)
Tokens Voted
31,948,105
Yes
20,731,926
64.9%
No
1,091
0.0%
No With Veto
46
0.0%
Abstain
11,215,043
35.1%

Vox Populi

Community discussions related to the proposal.

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