Proposals of #55

Milestone 2 Delivery Proposal on ChainIDE for IRISnet

Exec Legacy Content
passed
Expected result
Turnout / Quorum
53.22% / 40.00%
Voting start 2023.11.07 at 07:11:53
Voting end 2023.11.12 at 07:11:53
100.00%
419 909 299 iris
Yes
0%
0 iris
No
0%
0 iris
Veto
0.00%
3 090 iris
Abstain

Details

logo
Proposer
-
Total deposit
5 000 iris
Submit time
2023.11.07 at 07:11:53
Deposit end time
2023.11.08 at 07:11:53

Description

We have successfully completed Milestone 2 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 21,000 USD for the completion of Milestone 2. This payment, considering the CoinMarketCap IRIS/USDT rate at 11:59 PM on Nov 6nd (0.02171), corresponds to a total of 967,296 IRIS tokens. Delivery documents: https://forum.irisnet.org/t/milestone-2-delivery-report-on-chainide-for-irisnet/826, IPFS backup: https://nftstorage.link/ipfs/bafybeif7rtzbyms2hlzbawd7fhbr3a4nx7ugwg24xnm277n5m3hbez6zuu

Votes

Voter
Answer