Proposal 15 - Version 3 - Confirming Vesting for Rewards on CVP/ETH and YETI Pools
This past week the community voted overwhelmingly 592,000+ “Yes” votes to 92 “No” votes to extend the rewards for the CVP and Yeti Pools for the next 12 months. In that proposal which passed, there was a typo on the timeframe associated with the vesting rewards…24 weeks (3 months). The Powerpool team says we as a community need to confirm the vesting schedule for these rewards. The team has stated that the functionality doesn’t currently exists to have different vesting schedules on the various pools. Therefore, this proposal is to approve the rewards for the CVP/ETH and Yeti Pools continue to vest over a 10 week period as they were previously.
Please see Proposal 15 - Version 2 for details on how the rewards will be paid out over the next year between the various pools.
Disclaimer; If this proposal does not pass with majority of votes and with quorum (400K+ Yes votes), then we will assume as a community that Proposal 15 - Version 2 will also become VOID since it contained conflicting language. If this proposal fails to pass, Rewards for the YETI Pools will expire and CVP/ETH Rewards will drop by 50% as originally planned.