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Injective Protocol

#660

PASSED

OLP Reward Disbursement – Epoch 59

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 59 as well as the distribution of 29611.419 INJ tokens, comprising 14674.409 INJ vested from epoch 56, and 14937.010 INJ representing 50% of the epoch 59 rewards allocation. The remaining OLP rewards from epoch 59 will be disbursed along with the rewards disbursement of epoch 62. 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/QmTgwCpjfXvtFCwSmkNzW1riNxi7rqN2W6xFHBGRs89Y23

Actions:

  • By voting yes on this proposal, you support spending 29611.419 INJ tokens from the community pool for the epoch 59 OLP rewards distribution.
  • By voting no on the proposal, you do not support spending 29611.419 INJ tokens from the community pool for the epoch 59 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
(43.26% of the required 33.40%)
Tokens Voted
24,471,877
Yes
13,275,157
54.2%
No
2,304
0.0%
No With Veto
48
0.0%
Abstain
11,194,368
45.7%

Vox Populi

Community discussions related to the proposal.

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