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Limit voting power of Kintsugi team and investors
7mos ago
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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1
Hash
0x6d2a80fc2777ce44c1b8f81e6434eab6bf7e4a33a8ce89ddedce3d0996c217ca
Call
Table
Json
callIndex0x1c03
sectiondemocracy
methodfastTrack
args
propIndex6
delay3
TimelineLatest activity 7mos ago
2022-02-25 04:14:18
Proposed
2022-02-25 04:14:18
Executed
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