dhive

SWPR single reward campaign - updated

avatar
Swapr by
0xvenky.eth
on
December 10, 2021, 7:41 AM

The snapshot strategy used in the initial vote didnt include SWPR LP holders and were missed to include them. Since the vote was close, we discussed within the Swapr squad and are thinking of running a second snapshot vote. This will fix the snapshot strategy to include LPs while voting.

Text from the previous proposal: This proposal's expectation is to receive signal from SWPR holders about creating SWPR single token reward campaigns. Details and votes thus far can be seen at: https://daotalk.org/t/proposal-swpr-single-token-reward-campaign/3494

If this proposal passes, it signals that SWPR holders would like to proceed with the creation of the following 2 campaigns, provided the technical implementation has been developed, tested and released.

Campaign 1 (Locked): Deposit SWPR Staking cap of up to 1 million tokens, for a minimum staking yield of 20% in SWPR tokens Rewards - 50000 SWPR over 3 months (Arbitrum - 40000 and xDai - 10000) Stakes in this campaign will be locked and cannot be withdrawn until the end of campaign.

Campaign 2 (Unlocked): Deposit SWPR Staking cap of 5 million tokens, for a minimum staking yield of 10% in SWPR tokens Rewards - 125000 SWPR over 3 months (Arbitrum - 100000 and xDai - 25000) Stakes in this campaign can be withdrawn at any time during the campaign.

Warning

Exercise caution when exploring DAO proposals. Proposals can be submitted by any member of the community so there's an inherent risk of encountering scams or deceptive links. Always critically assess the validity of each proposal and its links before taking action.
start
December 10, 2021
9:00 AM
end
December 14, 2021
9:00 AM

Voting type
basic
Votes
521,573

Final Votes
closed

For
520.5K SWPR
99.79%
Against
1.1K SWPR
0.21%
Abstain
0 SWPR
0%