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Limit voting power of Kintsugi team and investors
4mos 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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Metadata
Proposer
Threshold
1
Hash
0xe061364f0bca78c327d8d71f6cf8a3a75cba90a0b958f48c8e79e49b55de352b
Call
Table
Json
callIndex0x1c03
sectiondemocracy
methodfastTrack
args
propIndex39
delay3
TimelineLatest activity 4mos ago
2022-06-02 07:44:36
Proposed
2022-06-02 07:44:36
Executed
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