Stargate Community Launches RFP Proposal Vote for “Potential LayerZero Token Distribution”

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Bitget2024/05/26 08:37

ChainCatcher news, the cross-chain bridge Stargate community launched a "Potential LayerZero Token Distribution" RFP proposal vote. The proposal includes allocating potential LayerZero token rewards from the Stargate DAO to cross-chainers, liquidity providers, and STG stakers. Among them, 60% of the tokens are allocated to cross-chain users (42% are allocated to cross-chain users, 18% are reserved for partner agreements in the nested RFP process), 20% of the tokens are allocated to veSTG holders, and 10% of the tokens are allocated to cross-chain users. Coins are allocated to LP providers, and 10% of tokens are allocated to developers based on LayerZero recommendations.

The proposal has currently received 93.01% of votes in favor and 6.99% of votes against, and voting will end on May 29.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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