Summary

This proposal sets up rewards for governance staking.

Motivation

Setting up rewards incentivizes governance participation and staking in the protocol.

Technical Details

• Reward Token: SUMR (0x194f360D130F2393a5E9F3117A6a1B78aBEa1624)
• Reward Amount: 1438380 SUMR (1438380000000000000000000)
• Reward Duration: 90 days (7776000 seconds)
• Rewards Manager: 0xDe61A0a49f48e108079bdE73caeA56E87FfeEF92

Specifications

Actions

This proposal will execute the following actions:

1. Approve the rewards manager to spend 1438380 SUMR tokens
2. Notify reward amount of 1438380 SUMR tokens with a duration of 90 days