Prop 627: OLP Reward Disbursement – Epoch 56

If passed, this proposal confirms the final Open Liquidity Program institutional performance of epoch 56 as well as the distribution of 29380.273 INJ tokens, comprising 14580.364 INJ vested from epoch 53, and 14799.909 INJ representing 50% of the epoch 56 rewards allocation. The remaining OLP rewards from epoch 56 will be disbursed along with the rewards disbursement of epoch 59. 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://olp.mypinata.cloud/ipfs/QmfPemtxCRf2ZdTJWEBSpukGeSUyZ6tc8o95o1CbLrv11n

Actions:

• By voting yes on this proposal, you support spending 29380.273 INJ tokens from the community pool for the epoch 56 OLP rewards distribution.
• By voting no on the proposal, you do not support spending 29380.273 INJ tokens from the community pool for the epoch 56 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.