Proposals of #16

rIRIS integration with StaFi Hub

Exec Legacy Content
passed
Expected result
Turnout / Quorum
52.76% / 40.00%
Voting start 2022.08.19 at 06:08:35
Voting end 2022.08.24 at 06:08:35
97.55%
406 144 234 iris
Yes
0.27%
1 135 495 iris
No
0.00%
200 iris
Veto
2.18%
9 055 911 iris
Abstain

Details

logo
Proposer
-
Total deposit
1 000 iris
Submit time
2022.08.19 at 06:08:35
Deposit end time
2022.08.20 at 06:08:35

Description

StaFiHub has posted the liquid staking solution rIRIS for IRISnet Community and it is actively discussed on the IRISnet forum: https://forum.irisnet.org/t/the-liquid-staking-solution-riris-proposed-by-stafihub/678/2.

Now we propose to take further action on the 1M $USD valued $IRIS tokens liquidity support. Based on the averaged price of $IRIS token ( $0.02565) in the past 5 days, the initial liquidity support is calculated at 39,000,000 $IRIS tokens.

The community should know that the 39M $IRIS tokens will be held in a sole multi-sign address in control by the IRISnet Foundation and StaFiHub. The IRISnet Foundation has the right to withdraw the 39M tokens back to the community pool after 6 months.

The whole details and why we need rIRIS solution has been detailed on the governance forum thread. Welcome the community to check it again.

Provide 39M $IRIS Tokens to support the rIRIS initial liquidity: -By voting YES you agree to support rIRIS liquidity with 39M $IRIS tokens. -By voting NO you disagree with this support.

https://forum.irisnet.org/t/the-liquid-staking-solution-riris-proposed-by-stafihub/678/2

Votes

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Answer