Netvrk DAO Proposal #3: Unclaimed Rewards
Introduction:
As we journey into Q4, we're excited to present the latest Netvrk DAO proposal, which grants our community the power to decide the fate of unclaimed staking rewards. This crucial vote comes after the community's passionate Q3 Questionnaire submissions, where many of you voiced the desire to allocate unclaimed rewards towards initiatives that benefit Netvrk and the community. Please note that since our previous DAO vote, we've introduced staking for OG Avatars, enhancing your voting power when your OG Avatar is staked. The details of voting power for each asset can be found here.
The Proposal:
We now present Netvrk DAO Proposal #3: Unclaimed Rewards, which empowers you to decide the fate of unclaimed staking rewards, currently at 43 ETH. Your vote holds the power to determine one of two options:
Option 1: Unchanged Reward Distribution - Keep the current system intact. Stakers can receive all previously unclaimed rewards once they become eligible in any given quarter.
Option 2: Community Investment - This choice restricts stakers to receive rewards exclusively from the specific quarter they become eligible. Unclaimed rewards will be redirected to bolster a range of community projects and initiatives. The ultimate decision on which projects to support will rest with our DAO, allowing the community to allocate resources where they'll have the most significant impact.
Timing:
Mark your calendars! The Netvrk DAO vote was presented today, Friday, October 13th. Voting will officially commence on Monday, October 16th, and the results will be revealed on Thursday, October 19th.
Ready to cast your vote and shape Netvrk's future? Join us in the DAO vote by clicking here!
Your voice, your choice. Let's make it count!