Activate KINT Staking Rewards

Democracy
3yrs ago
3
Executed

Summary

This proposal activates KINT staking rewards as of block 599997 - that is, around 15 March 12:00 UTC (depending on block times). [Update: due to slower block times, rewards will likely activate around March 16th EOD UTC]

Proposal

The Interlay team has informed the community in a discussion post that the staking rewards can be activated.

The next step is hence to activate staking rewards via an on-chain governance proposal.

Requesting TC Fast-track

Since everything is ready and the community has been waiting for staking to be activated, a fast-track by the Technical Committee is requested. This way, staking rewards can go live on March 15. Without TC, this would be delayed by another 2 weeks (up to 7 days before the proposal becomes a referendum, and another week of voting and enactment).

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Votes
AyePassing thresholdNay
99%1%
Aye
889.17vKINT
Nay
12.02vKINT
Turnout
901.19vKINT
Electorate
0vKINT
Passed
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Comments

how do you vote on this?

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A fast-track by the TC has been requested.
TC decided to fast-track. Voting will hence start on March 14th.

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TC has agreed to fast-track this proposal.

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