Transfer unclaimed NTRN airdrop tokens to Cosmos Hub
Submit time
Deposit end time
Voting start time
Voting end time
Tally result
99.06%
Proposal #835 description
Summary
This proposal seeks to ratify the following motions:
Authorize the Neutron DAO to execute a proposal to trustlessly transfer ~42,727,950 unclaimed NTRN tokens to the Cosmos Hub community pool. This requires instantiating specific smart-contracts to register an Interchain Account on the Cosmos Hub, transferring the tokens over IBC and executing a
FundCommunityPool
message.
Adopt the following rules for how the Cosmos Hub network, governance and community may use or deploy these tokens to ensure long-term alignment between Cosmos Hub and Neutron:
Do no harm: The Cosmos Hub, its governance and community pledge to only use or deploy the NTRN tokens in ways that do not harm the Neutron network or DAO.
Cooperation: The Cosmos Hub, its governance and community pledge to use or deploy the NTRN tokens in ways that benefit both the Cosmos Hub and the Neutron network and DAO.
The following items summarize the voting options and what they mean for this proposal:
YES: You authorize the Neutron DAO to perform the steps required to trustlessly transfer unclaimed airdrop tokens to the Cosmos community pool and vote in favor of adopting the “Do no harm” and “Cooperation” rules to guide the future use of the NTRN tokens.
NO: You do not wish to authorize the Neutron DAO to perform the steps required to trustlessly transfer unclaimed airdrop tokens to the Cosmos community pool and/or do not support the adoption the “Do no harm” and “Cooperation” rules.
ABSTAIN: You wish to contribute to the quorum but you formally decline to vote either for or against the proposal.
NO WITH VETO - A ‘NoWithVeto’ vote indicates a proposal either (1) is deemed to be spam, i.e., irrelevant to Cosmos Hub, (2) disproportionately infringes on minority interests, or (3) violates or encourages violation of the rules of engagement as currently set out by Cosmos Hub governance. If the number of ‘NoWithVeto’ votes is greater than a third of total votes, the proposal is rejected and the deposits are burned.
