injective

Prop 644: OLP Reward Disbursement – Epoch 58

If passed, this proposal confirms the final Open Liquidity Program institutional performance of epoch 58 as well as the distribution of 29005.215 INJ tokens, comprising 14155.286 INJ vested from epoch 55, and 14849.929 INJ representing 50% of the epoch 58 rewards allocation. The remaining OLP rewards from epoch 58 will be disbursed along with the rewards disbursement of epoch 61. 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/QmfFMEo9T4mFFSqwBAvfLV9FhsoSnfDixbSFkTsrgHG5gH

Actions:

  • By voting yes on this proposal, you support spending 29005.215 INJ tokens from the community pool for the epoch 58 OLP rewards distribution.
  • By voting no on the proposal, you do not support spending 29005.215 INJ tokens from the community pool for the epoch 58 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.