Proposals

Proposals

/

Proposal

Executed

SIP3.3: Set Up Governance Staking Rewards

User profile image

by

by

@0xtucks

@0xtucks

ID 893321...5491

ID 893321...5491

Proposed on: Apr 30th, 2025

Proposed on: Apr 30th, 2025

Result details
Final Votes

Quorum

106.65M of 39.06M

Majority support

Yes

For

106.65M

Against

0

Abstain

0

Actions

Type

Address

Details

Custom

0x932C...db32

approve(..)

Custom

Account

0x932C...db32

Method

approve(..)

Custom

0xa563...3A51

notifyRewardAmount(..)

Custom

Account

0xa563...3A51

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 (0x932CCb7D2A6F1821a1Ecee9e1279aC30E0d4db32)
  • Reward Amount: 1438380 SUMR (1438380000000000000000000)
  • Reward Duration: 90 days (7776000 seconds)
  • Rewards Manager: 0xa563121Fa251E20D7359CD4d8DBDc36810093A51

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

106.65M of 39.06M

Majority support

Yes

For

106.65M

Against

0

Abstain

0

Final Votes
Status

Wed Apr 30, 12:24 pm

Published onchain

User profile image

@0xtucks

Wed Apr 30, 12:25 pm

Voting period started

Wed Apr 30, 12:35 pm

Voting period ended

Wed Apr 30, 12:49 pm

Proposal queued

Wed Apr 30, 01:03 pm

Proposal executed