Proposals of #18

Harmony Proposal to end FUD

Exec Legacy Content
rejected
Expected result
Turnout / Quorum
64.74% / 33.40%
Voting start 2022.04.13 at 17:04:49
Voting end 2022.04.18 at 17:04:49
15.20%
3 997 464 juno
Yes
34.88%
9 170 317 juno
No
43.90%
11 543 529 juno
Veto
6.02%
1 583 153 juno
Abstain

Details

logo
Proposer
-
Total deposit
500 juno
Submit time
2022.04.13 at 17:04:53
Deposit end time
2022.04.23 at 17:04:53

Description

This is a signaling proposal offering a compromise to the problems presented in Prop 4 and Prop 16.

CCN clients have agreed in advance by majority to support this compromise.

By voting YES, the Juno stakers voice their support

  • To split All JUNO including staking rewards in the address equally between the "Community" (50%) and "CCN Clients" (50%)

The funds will be allocated as follows:

  • The "Community Portion" of JUNO allocated to a smart contract governed by the community. Distribution will be determined through subsequent governance proposals
  • The "CCN Client Portion" of JUNO to be distributed by CCN to CCN client addresses at a rate of 5% per month over 20 months.

This compromise ensures:

  • The sanctity of funds in Juno Blockchain wallets is not violated as allocation is agreed by all parties (including original fund holders)
  • Signals to future large JUNO holders that their funds will be honored and safe
  • Ensures that the Juno community will gain governance power equal to that distributed to CCN clients

Details of the proposal can be found at IPFS link. https://ipfs.io/ipfs/QmPG97LmBcYns6fKtJUvVt5KptHWWm12NzBfARK3JL7zus

Votes

Voter
Answer