Prop 705: OLP Reward Disbursement – Epoch 63

If passed, this proposal confirms the final Open Liquidity Program institutional performance of epoch 63 as well as the distribution of 24849.993 INJ tokens, comprising 14899.997 INJ vested from epoch 60, and 9949.996 INJ representing 50% of the epoch 63 rewards allocation. The remaining OLP rewards from epoch 63 will be disbursed along with the rewards disbursement of epoch 66. 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/QmQVZxaPXmzQpSSmxCAQSdLkb8FxhPJAAiHoTtsC3f2K9c

Actions:

• By voting yes on this proposal, you support spending 24849.993 INJ tokens from the community pool for the epoch 63 OLP rewards distribution.
• By voting no on the proposal, you do not support spending 24849.993 INJ tokens from the community pool for the epoch 63 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.