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Proposal #228

Introduce Take Rate and deployment deposit for axlUSDC

PassedParameter Change Proposal

Passed on 07 Sept 2023 with 95.8% of the votes for yes.

Yes

95.8%

100.0% without abstain

Veto

0.0%

of votes cast

Ended

07 Sept 2023

The ballotvotes cast · final tally
Yes

95.84%

of votes cast

Abstain

4.16%

of votes cast

No

0.00%

of votes cast

Veto

0.00%

of votes cast

Introduce Take Rate and deployment deposit for axlUSDC

With the GPU marketplace going live following today’s successful mainnet 6 upgrade, so too did the AKT2.0 features of Stable Payments and Take Rates.

With the first proposal of Mainnet 6, we will introduce axlUSDC (Axelar USDC) to Akash Network as the first stable currency that will be accepted as a method of settlement on Akash Network for compute resources.

Proposal

This is a proposal to update the following parameters

  • Set 20% take rate for axlUSDC (ibc/170C677610AC31DF0904FFE09CD3B5C657492170E7E52372E48756B71E56F2F1)
  • Set Min Deposit for axlUSDC to 5000000ibc/170C677610AC31DF0904FFE09CD3B5C657492170E7E52372E48756B71E56F2F1

The Take Rate proceeds will be funneled into the existing Community Pool and will cover everything from network bounties and grants to community rewards and incentives.

The use of Community Pool proceeds are and always will be submitted via governance proposals and determined by detailed discussions within sig-economics, the Steering Committee, and any associated working groups.

Please join us at the next sig-economics meeting at 10 AM Pacific on September 6th, 2023, where we’ll discuss the intended use of community pool proceeds, answer questions, and address any thoughts from the community.

Timeline

  1. Submitted31 Aug 2023
  2. Voting started31 Aug 2023
  3. Voting ended07 Sept 2023
  4. Deposit deadline14 Sept 2023

Proposer

Address
Deposit1.0K

Rules

Not recorded for this proposal.