Proposals of #44

Milestone 1 Delivery Proposal on ChainIDE for IRISnet

Exec Legacy Content
passed
Expected result
Turnout / Quorum
52.02% / 40.00%
Voting start 2023.07.04 at 09:07:17
Voting end 2023.07.09 at 09:07:17
96.38%
395 557 929 iris
Yes
0.01%
33 531 iris
No
0%
0 iris
Veto
3.62%
14 842 714 iris
Abstain

Details

logo
Proposer
-
Total deposit
5 000 iris
Submit time
2023.07.04 at 09:07:17
Deposit end time
2023.07.05 at 09:07:17

Description

We have successfully completed Milestone 1 for ChainIDE integration with IRISnet. This follows the previously approved ChainIDE integration proposal, available here: https://irishub.iobscan.io/#/gov/proposals/43. According to the agreement, 'Due to the considerable duration of the development cycle, to mitigate the impact of Iris price fluctuations, the budget outlined in the proposal is entirely USD-based and has not been converted into a corresponding quantity of Iris tokens. After the completion of each milestone, we will submit a separate proposal that includes the specific amount of Iris tokens. The exchange rate for IRIS will be based on the CoinMarketCap IRIS/USDT rate at 11: 59 PM China time on the day prior to the proposal submission.' Consequently, ChainIDE is due to receive 13,000 USD for the completion of Milestone 1. This payment, considering the CoinMarketCap IRIS/USDT rate at 11:59 PM on July 3rd (0.02181), corresponds to a total of 596,057 IRIS tokens. Delivery documents: https://forum.irisnet.org/t/draft-proposal-44-milestone-1-delivery-report-on-chainide-for-irisnet/769, IPFS backup: https://nftstorage.link/ipfs/bafybeih7zz67h375tk3vz246woplnhgs5b7lodw3mleimresmrqqmepmki

Votes

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