Prop 612: OLP Reward Disbursement – Epoch 53

If passed, this proposal confirms the final Open Liquidity Program institutional performance of epoch 53 as well as the distribution of 34633.334 INJ tokens, comprising 19930.104 INJ vested from epoch 50, and 14703.230 INJ representing 50% of the epoch 53 rewards allocation. The remaining OLP rewards from epoch 53 will be disbursed along with the rewards disbursement of epoch 56. The recipient must still be an active participant of the program in order to receive future disbursements. For a further breakdown of rewards, refer to the IPFS link: https://scarlet-given-otter-280.mypinata.cloud/ipfs/bafkreiedhfcurvmewrg4xbc5lrnkr4avk2o6uxo5tgaqugm54kwj6xgpmy

Actions:

• By voting yes on this proposal, you support spending 34633.334 INJ tokens from the community pool for the epoch 53 OLP rewards distribution.
• By voting no on the proposal, you do not support spending 34633.334 INJ tokens from the community pool for the epoch 53 OLP rewards distribution.
• By voting no with veto, you find this proposal to be spam, irrelevant, or malicious to governance, and support burning the 100 INJ deposit if NoWithVeto votes are greater than one-third of the total voting power.
• By voting abstain, you wish to contribute to quorum while formally declining to vote either for or against the proposal.

Disclosure: I am a member of the Injective Labs team.