Proposals of #15

Incentives for IOV/IRIS pool

Exec Legacy Content
passed
Expected result
Turnout / Quorum
49.80% / 40.00%
Voting start 2022.07.22 at 08:07:54
Voting end 2022.07.27 at 08:07:54
84.82%
333 328 605 iris
Yes
2.37%
9 316 730 iris
No
0.08%
300 706 iris
Veto
12.73%
50 035 357 iris
Abstain

Details

logo
Proposer
-
Total deposit
1 000 iris
Submit time
2022.07.22 at 08:07:54
Deposit end time
2022.07.23 at 08:07:54

Description

IRISnet will create IOV/IRIS liquidity pool and its corresponding farming pool on CoinSwap, to bring more liquidity to both IRISnet and Starname ecosystem. This proposal is to request approval to allocate 540,000 IRIS from the community pool to provide incentives to IOV/IRIS pool on CoinSwap and to be distributed over a period of 180 days. Starname is an asset name service in the Cosmos ecosystem, which can be used to claim your part of the blockchain to use for decentralized identification, payments, and ownership. In November 2021, Starname released *irisnet as a community badge for the IRISnet ecosystem. Naming service is one of the key Web3 infrastructures, so in order to enable Web3, IRISnet will gradually give more support to Starnname and also their naming service in our ecosystem. If this proposal passes governance, the requested IRIS will be allocated to the recipient address (iaa1kuppkguz0llfhzy620az30ujwa5363awz54xgk), and added to the IOV/IRIS farming pool as incentives, when the pools go live on CoinSwap.

Votes

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