Background
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LON Buyback launched on 1st April and it went well as expected for the last 90 days.
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As of 12th May 4:00 pm UTC, 498,036.70 LONs has been repurchase via 114 unique addresses.
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Anyone can initiate LON buyback, but you have to pay the miner fee when call the buyback contract. The higher of miner fee, the higher is the cost to trigger the buyback.
Goal
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Let the community decide on whether to airdrop LON rewards to these 114 addresses for appreciating them to trigger the LON buyback for the community. The rewards will come from LON treasury.
Proposed Action Items
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According to the voting result to decide whether to implement the incentive. And if the proposal passes, the LON airdrop time is to be determined.
Voting Rules
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Addresses with more than 0 LON can vote
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Addresses with more than 0 xLON can vote
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Addresses participating LON liquidity mining or holding the respective LP tokens can vote (including unclaimed LON reward)
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LON balance snapshot block: 12431007
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Voting start time: 2021.5.14 7:00 UTC
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Voting end time: 2021.5.16 7:00 UTC
Voting Options
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A. Each address gets 10 LONs rewards
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B. Each address gets 20 LONs rewards
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C. Each address gets 30 LONs rewards
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D. No reward
Joining the Voting
If you meet any problems while voting, feel free to share your opinion on Tokenlon forum or join our Discord to contact us.
Tokenlon,
2021.04.25