Stargate community initiates "Potential LayerZero Token Allocation" RFP proposal voting

2024-05-26 15:39:44

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ChainCatcher news, the cross-chain bridge Stargate community has initiated a "Potential LayerZero Token Allocation" RFP proposal vote. The proposal includes allocating potential LayerZero token rewards from the Stargate DAO to cross-chain users, liquidity providers, and STG stakers. Among them, 60% of the tokens will be allocated to cross-chain users (42% allocated to users who have crossed chains, and 18% reserved for partner protocols in the nested RFP process), 20% of the tokens will be allocated to veSTG holders, 10% of the tokens will be allocated to LP providers, and 10% of the tokens will be allocated to developers based on LayerZero recommendations.

Currently, the proposal has received 93.01% in favor and 6.99% against, with voting ending on May 29.

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Stargate proposal voting

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