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0x0039…3377

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0x00397d81…3377sent to0x88a6cee1…8f98·#11,551,748·0xbbd44b52…db1f58
Proposal 15 - Version 3 - Confirming Vesting for Rewards on CVP/ETH and YETI Pools Proposal 15 - Version 3 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.
0x00397d81…3377sent to0x88a6cee1…8f98·#11,538,149·0x0e96131b…13efca
Proposal 15.3 - Overturn Proposal 15.2 The purpose of this proposal is to overturn the passing of proposal 15.2. Though this proposal passed to continue on the rewards for next 12 months for both the Yeti and CVP/ETH Pools, there was a typo in that proposal on the vesting rewards. 24 weeks (3 months). In fairness to some who may have voted for this proposal thinking the rewards would vest over a longer period of time - 24 weeks while others were expecting only a 12 week vesting period. In addition, the team notified the community that setting a vesting schedule on these pools that was different than the PIPT Pools would cause a need for additional development. Upon overturning Proposal 15.2, a new proposal will be made over the next few weeks allowing for a vote on extending Yeti Rewards under a 10 week vesting schedule so that additional development is not required by the team at this time.
0x00397d81…3377sent to0x88a6cee1…8f98·#11,518,349·0xfe8e19be…d7011b
Proposal 15 - Version 2 - Renew Mining Rewards for CVP/ETH and YETI/ETH and YETI Mining Proposal 15 - Version 2 The last proposal had some incorrect rewards listed. I have made the corrections. In addition, to address the concerns of flooding the market with reward tokens, I have changed the vesting of these rewards from 10 weeks to 24 week (3 months) The purpose of this proposal is to vote on renewing the current Rewards for the CVP/ETH, YETI/ETH and YETI Mining Pools. In the first week of January, the Yeti Rewards for both mining pools are set to expire. This proposal would continue on with the same reward rate for the next 12 months. Current Mining Rewards; 250K/Month for YETI/Eth Balancer Pool 200K/Month for Yeti Pool At the end of December, the rewards for the CVP/ETH Uniswap Mining Pool are set to get cut in half. From 182K/week down to 91/K per week. This proposal would keep those mining rewards for this pool at current rate of 182k/week for the next 12 months. All rewards for the above pools would vest over 24 weeks (3 months). After Dec 31st, 2021 all rewards would end for these pools. A new proposal would need to be passed by this date to continue on Mining Rewards for these pools.
0x00397d81…3377sent to0x88a6cee1…8f98·#11,498,600·0xc74e7d78…f5fd03
Proposal 15 - Renew Current Rewards for Yeti and CVP/ETH Mining The purpose of this proposal is to vote on renewing the current Rewards for the Yeti and CVP/ETH Mining Pools. In the first week of January, the Yeti Rewards for both mining pools are set to expire. This proposal would continue on with those same rewards for the next 3 months. 250K/Week for YETI/Eth Balancer Pool 200K/Week for Yeti Pool At the end of December, the rewards for the CVP/Eth Uniswap Mining Pool is set to get cut in half. From 182K/week down to 91/K per week. This proposal would keep those mining rewards for this pool at current rate of 182k/week for the next 3 months. All rewards for the above pools would vest over 10 weeks. On April 1st, 2021 these rewards will end. After that date, Yeti Staking Rewards would need to be extended and the CVP/Eth Pool Rewards would drop to their normal distribution rate of 91k/week.