LTX is a token of a full-fledged Web3 gateway for the Constellation ecosystem, which ensures the operation of the inter-chain liquidity exchange platform.

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1. Introduction of proposal

The basis of a DAO is the community. Their support, discussions and decisions set the course for the future of the DAO. An engaged community is therefore an important pillar. This proposal suggests a governance voting reward to compensate the community for its engagement and to provide an additional incentive for active participation in the Lattice governance votings.

2. Details of proposal

It is suggested that rewards be distributed for supporting the DAO through active participation in Lattice governance votes.

According to the Lattice white paper, the Vote Escrow Reward Pool, with a size of 24,000,000 $LTX, is expected to last for at least 9 years before being replaced or funded by the treasury. Based on the size of the pool and our assumed term of 10 years, the total amount available annually is 2,400,000 $LTX. Because we still want to maintain sufficient $LTX for future ideas, this proposal suggests a maximum annual distribution of one million LTX tokens (1,000,000 $LTX) for…

[LIP #4] Community rewards - Governance voting rewards

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Hey Lattice Community,

We have two new proposals on our Governance Forum! 👀 
Please take a look at them, discuss and share your feedback!

LIP #4 - A proposals to reward all veLTX holders who are participating in the governance votings:
https://commonwealth.im/lattice-gateway/discussion/9888-lip-4-community-rewards-governance-voting-rewards 
PDF: https://drive.google.com/file/d/13cBzqXPZwpA2P4lRLe3OYklVybBYeJos/view?usp=sharing

LIP #5 - A proposal to implement a vesting schedule for the Launchpad token airdrops:
https://commonwealth.im/lattice-gateway/discussion/9882-lip-5-implementing-a-vesting-schedule-for-launchpad-token-airdrops

Hey Lattice Community,. We have two new proposals on our Governance Forum.