Diva Staking

As per governance DAO guidelines, the proposal is brought by donkotler.eth who represents 1M+ delegated DIVA tokens and therefore meets the criteria to submit a binding DAO proposal.

TL;DR

DIP-02 contained a typographical error in the table displaying TVL-based DIVA reward tranches. DIP-06 seeks to rectify this mistake and formalise the correct reward allocation.

Motivation for DIP-06

DIP-02 was passed with an inadvertent typographical error in the reward table, which requires correction through a DAO vote to ensure accuracy and consistency.

This proposal aims to correct the error in the DIVA rewards table, as presented in DIP-02. The tables presented below illustrate the before & after scenarios of expected future DIVA token distribution based on TVL (Total Value Locked) tranches.

Notably, all other terms and conditions of DIP-02 remain unchanged.

Specification Voted Table with Typo (Before Correction):

New Table (After Correction):

Classification

In accordance with Diva DAO community guidelines, this proposal falls under the category of a Low-Impact Diva Improvement Proposal (DIP). It requires a minimum of 50% positive votes to be enacted. Low-impact DIPs are designed to distribute governance power among the community and facilitate strategic partnerships. They do not involve modifications to configurable features of the Diva Staking protocol or updates to core infrastructure, which would necessitate code implementation.

Copyright waiver

Copyright and related rights waived via CC0 1.0 (https://creativecommons.org/publicdomain/zero/1.0/)