Background Context
-
The LON Buyback was launched on 1st April and it has performed well over the last 7 months.
-
As of today, 3,811,210.66 LON has been repurchased, and 41 unique addresses have triggered buyback successfully from 10th August 4:00 pm UTC to 14th November 4:00 pm UTC.
-
Anyone can initiate the LON buyback, but you will incur miner fees when calling the buyback contract. The higher of the miner fee, the higher cost you incur to trigger the buyback.
Goal Of Proposal
-
We would like the community to decide on whether to airdrop LON rewards to these 41 addresses for their work in triggering the LON buyback between 10th August 4:00 pm UTC and 14th November 4:00 pm UTC for the community. The rewards will come from the LON treasury.
Proposed Action Items
-
According to the voting result, we will decide whether to implement the reward. And if the proposal passes, the LON airdrop time will be determined.
Voting Rules
-
Addresses with more than 0 LON can vote
-
Addresses with more than 0 xLON can vote
-
Addresses currently participating in LON liquidity mining or holding the respective LP tokens can vote (including unclaimed LON reward)
-
LON balance snapshot block: 13631205
-
Voting start time: 2021.11.17 7:00 UTC
-
Voting end time: 2021.11.19 7:00 UTC
Voting Options
-
A. Each address gets 20 LON rewards
-
B. Each address gets 30 LON rewards
-
C. Each address gets 40 LON rewards
-
D. No reward
Join the Voting
If you meet any problems while voting, feel free to join our Discord to contact us.
Tokenlon,
2021.11.17