Councillors,
The OpenSquare Snapshot for (CP21) Updating Tinlake Rewards Allocation has passed and a Council motion has been created.
Council Motion 52 is now live: SubSquare
The proposal has the following hash: 0x153abcf2872f3beeaf2aff1fe0c5cba6df13adec475e22df157ae261b6ea984e
The proposal text can be found at: Pinata
# Updating Tinlake Rewards Allocation 2022-12By casting your vote on-chain, you indicate your approval of changing the Tinlake Rewards on Centrifuge as follows:
1. Mint approximately 1’800’000 CFG into the rewards account 4dpEcgqJNczMyoTnUuFTyTLSe5RuoSSoGZMqu3L6fvc8jBbd (set balance to 6,980,000 CFG)2. Keep the same rewards rate for TIN/DROP at 0.0003 CFG/DAI per day3. Keep the same rewards rate for Asset Originator rewards at 0.0000 CFG/DAI per day
These values will be valid until governance proceeds with another vote.
Please vote at your earliest convenience, Councillors.
Thank you.
SubSquare has passed a proposal called "Updating Tinlake Rewards Allocation".
The proposal suggests changing the Tinlake Rewards on Centrifuge.
The proposal suggests minting approximately 1,800,000 CFG into the rewards account.
The rewards rate for TIN/DROP and Asset Originator rewards will remain the same.
The values will be valid until governance proceeds with another vote.