Prop 454: Disbursement of OLP rewards for epoch ended on 28 October 2024

If passed, this proposal confirms the final Open Liquidity Program institutional performance of epoch 38 as well as the distribution of 36672.398 INJ tokens, of which 16672.407 INJ are the OLP vested amount from epoch 35, and 19999.991 INJ are 50% of the OLP rewards allocated to epoch 38. The remaining OLP rewards of epoch 38 will be disbursed along with the rewards disbursement of epoch 41. 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://scarlet-given-otter-280.mypinata.cloud/ipfs/QmeuYVp4rGuwKi4sySfdauag8LfP2SXvzxB7vS11wVy62z

Actions:

• By voting YES on this proposal, you agree to spending 36672.398 INJ tokens from the community pool for epoch 38 OLP rewards distribution.
• By voting NO on the proposal, you do not support spending 36672.398 INJ tokens from the community pool for epoch 38 OLP rewards distribution.
• By voting NO WITH VETO, you find this proposal to be (1) spam, i.e., irrelevant to the Injective ecosystem, (2) disproportionately infringes on minority interests, or (3) violates or encourages violation of the rules of engagement as currently set out by Injective governance. If the number of ‘NoWithVeto’ votes is greater than a third of the total votes, the proposal is rejected and the 100 INJ deposit is burned.
• By voting ABSTAIN, you wish to contribute to the quorum while formally declining to vote either for or against the proposal.

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