Proposal #4823

Phoenix Directive - Alliance Reform and Ecosystem Growth Initiative

Update Alliance×2, Create Alliance
passed
Expected result
Rejected
Turnout / Quorum
66.47% / 30.00%

Voting period

Voting ended100.0%
Voting start 2024.10.08 at 08:41:40
Voting end 2024.10.15 at 08:41:40

Vote distribution

42.95%
98 328 492 LUNA
Yes
10.08%
23 086 675 LUNA
No
0.00%
2 172 LUNA
Veto
46.96%
107 516 132 LUNA
Abstain

Details

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Proposer
terra1kefa2zgjn45ctj3...
Total deposit
512 LUNA
Submit time
2024.10.08 at 08:41:40
Deposit end time
2024.10.15 at 08:41:40

Description

This proposal aims to set the reward weight for both the chain alliance contract and ampROAR to 0%. In its place, a new Liquidity Alliance with a reward weight of 5% will be introduced. This Liquidity Alliance will be a single-asset bucket, which includes Liquid Staking Token (LST) LPs. See: https://commonwealth.im/terra/discussion/25019-phoenix-directive-alliance-reform-and-ecosystem-growth-initiative

Votes

Voter
Answer