Proposals

Proposals

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Proposal

Executed

SIP3.3: Set Up Governance Staking Rewards

Proposed by

User profile image

@0xtucks

@0xtucks

Proposal ID

119420...7959

Proposed

Apr 30th, 2025

Result details
Final Votes

Quorum

255.61M of 146.39M

Majority support

Yes

For

255.61M

Against

0

Abstain

0

Actions

Type

Address

Details

Custom

0x194f...1624

approve(..)

Custom

Account

0x194f...1624

Method

approve(..)

Custom

0xDe61...EF92

notifyRewardAmount(..)

Custom

Account

0xDe61...EF92

Method

notifyRewardAmount(..)

Proposal

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
Final Votes

Quorum

255.61M of 146.39M

Majority support

Yes

For

255.61M

Against

0

Abstain

0

Final Votes
Status

Wed Apr 30, 01:05 pm

Published onchain

User profile image

@0xtucks

Thu May 1, 01:05 pm

Voting period started

Mon May 5, 01:05 pm

Voting period ended

Mon May 5, 04:31 pm

Proposal queued

Thu May 8, 06:48 am

Proposal executed