Limit voting power of Kintsugi team and investors
Democracy
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Executed
This proposal implements a restriction of voting power for two years for team and investors to ensure that Kintsugi decisions are fully decentralized.
Background
Since both vested and unvested tokens can participate in voting, the Interlay team and investors introduce additional restrictions on their own voting power during the first 2 years after network launch. Specifically: while the community can use 100% of their vested and unvested KINT to vote, team and investors can only use a portion of their KINT (which is subject to lockup and vesting) to participate in governance - increasing linearly over 2 years.
Voting Power Distribution
See https://docs.interlay.io/#/kintsugi/governance?id=voting-power-distribution
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Votes
AyePassing thresholdNay
50%50%
Aye
0 vKINT
Nay
0 vKINT
Turnout
0 vKINT
Electorate
0 vKINT
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Delay
02022-06-02 11:34:30
End
02022-06-02 11:33:54
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Json
callIndex | 0x0202 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
section | utility | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
method | batchAll | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
args |
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