Executed

Add 0.3 WETH IFT staking rewards for 10 weeks


ID 862475...2498

ID 862475...2498

Proposed on: Apr 30th, 2026

Proposed on: Apr 30th, 2026

Result details
Final Votes

Quorum

39.78M of 24.93M

Majority support

Yes

For

39.78M

Against

0

Abstain

0

Actions

Type

Address

Details

Custom

0x19B3...146F

recoverToken(..)

Custom

Account

0x19B3...146F

Method

recoverToken(..)

Custom

0x4200...0006

transfer(..)

Custom

Account

0x4200...0006

Method

transfer(..)

Custom

0x4200...0006

transfer(..)

Custom

Account

0x4200...0006

Method

transfer(..)

Proposal

As the lottery was paused for a few weeks, a very small amount of WETH accumulated for the IFT staking rewards. This proposal seeks a top-up from the treasury. 0.3 WETH will be transferred to RewardManager and added for 10 weeks, starting on 7 May 2026. This should equate to an approximate 5% APR for newly staked custom IFT and 10% APR for lucky IFT. After 10 weeks, the rewards will be transferred from the accumulated reserve in RewardsManager, as per the usual workflow.

Final Votes

Quorum

39.78M of 24.93M

Majority support

Yes

For

39.78M

Against

0

Abstain

0

Final Votes
Status

Thu Apr 30, 03:34 pm

Published onchain

Fri May 1, 03:34 pm

Voting period started

Mon May 4, 03:34 pm

Voting period ended

Mon May 4, 04:49 pm

Proposal queued

Tue May 5, 05:06 pm

Proposal executed