Background
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According to the Tokenlon litepaper, 10,000,000 LON is reserved for liquidity related incentives.
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Phase IV of LON liquidity mining will end on June 24, and phase V will be launched at the same time. It lasts for 8 weeks and ends on August 19.
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Phase V LON incentive will be rewarded in the same way to the below two liquidity pools:
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Users who have participated in phase IV LON liquidity mining do not need to redeem thier LP token from the old contract, the LP token will be automatically transferred to the new phase (phase V) of the liquidity mining contract.
Goal
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Let the community decide on the number of LON for Liquidity Incentive Phase V
Proposed Action Items
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Make changes based on the voting results of the proposal, and take effect at 2021.6.24 4:00 UTC
Voting Rules
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Addresses with more than 0 LON, xLON or LON related LP tokens can vote (including unclaimed LON reward)
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LON balance snapshot block: 12681683
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Voting start time: 2021.6.22 3:30 UTC
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Voting end time: 2021.6.23 10:30 UTC
Voting Options
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A. Each of the two pools receives 500,000 LON as the Phase V Liquidity Incentive
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B. Each of the two pools receives 450,000 LON as the Phase V Liquidity Incentive
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C. Each of the two pools receives 400,000 LON as the Phase V Liquidity Incentive
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D. Each of the two pools receives 350,000 LON as the Phase V Liquidity Incentive
Join 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,
2021.06.22