The cross-chain bridge Stargate community initiated a vote on the "Potential LayerZero Token Distribution" RFP proposal. The proposal content includes distributing the potential LayerZero token rewards of the Stargate DAO to cross-chains, liquidity providers, and STG stakers. Among them, 60% of the tokens are allocated to cross-chains (42% are allocated to cross-chain users, and 18% are reserved for partner agreements in nested RFP processes), 20% of the tokens are allocated to veSTG holders, 10% of the tokens are allocated to LP providers, and 10% of the tokens are allocated to developers according to LayerZero recommendations.
The current proposal has received 93.01% of the votes in favor and 6.99% against, and the voting will close on May 29.
Stargate Community Initiates "Potential LayerZero Token Distribution" RFP Proposal Vote
2024-05-26 07:42:56
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