Proposal #375
Passed on 11 Dec 2022 with 46.0% of the votes for yes.
Yes
46.0%
97.8% without abstain
Veto
0.1%
of votes cast
Ended
11 Dec 2022
45.98%
of votes cast
52.98%
of votes cast
0.98%
of votes cast
0.06%
of votes cast
Proposal Type: Proposal to spend funds from the community pool
A total of 16,572 $ION (78% of the total $ION supply) has been approved to be eventually transferred from the Community Pool to the ION DAO Treasury with the passing of the signaling proposal (#120). To ensure the safety of $ION, we suggest first transferring 33% (5,468 $ION) of the approved amount before systematically transferring the rest after this spend contract is proven safe and reliable.
govContract(ION DAO treasury) address: osmo1k8re7jwz6rnnwrktnejdwkwnncte7ek7gt29gvnl3sdrg9mtnqkse6nmqm
We successfully executed the same transfer proposed above on the Osmosis Testnet. You can find the results of the test here: Testnet proposal : [Hidden link] Testnet govContract address : [Hidden link]
The ION dev contributor team is currently developing a treasury information UI for the ION DAO website, via which ION DAO members can access to information and updates such as Treasury spending. The ION DAO governance will decide all fund uses with a smart contract code.
[Hidden link]
About ION DAO : [Hidden link]