Proposal #22
Passed on 13 Apr 2023 with 97.9% of the votes for yes.
Yes
97.9%
100.0% without abstain
Veto
0.0%
of votes cast
Ended
13 Apr 2023
97.91%
of votes cast
2.09%
of votes cast
0.01%
of votes cast
0.00%
of votes cast
The allocation of 1M XPRT from the Ecosystem wallet to [Hidden link] for incentivizing XPRT liquidity in Cosmos was passed in Proposal 21. It also mentioned that any spending would be subject to approval through on-chain governance following prior discussions with the community.
Consequently, the Persistence Community participated in a [Hidden link] that proposed a phased approach instead of allocating the entire 1M XPRT up front. Considering feedback from the community through multiple channels, the Phase 1 Incentives Distribution is proposed as spending 500K XPRT on Osmosis & Dexter over an initial 45-day period.
If this Phase 1 Incentives Distribution proposal passes, the ‘Persistence Incentivisation Multisig’ will perform the following actions:
By voting YES, you agree with the proposed Phase 1 Incentives Distribution to bootstrap XPRT liquidity.
By voting NO, you disagree with the proposed Phase 1 Incentives distribution to bootstrap XPRT liquidity.
By voting NO WITH VETO, you think this is a SPAM proposal, and the proposal’s creator should lose their deposit.
By voting ABSTAIN, you choose not to participate in this proposal's voting; however, you contribute to the quorum.