closedEnded 7 months ago · Snapshot (Offchain)
xSILO Reward Model Temperature Check: USDC, ETH, or SILO Buyback?
By 0x1fF6...3FC011Continue Reading
This is a temperature check to gauge community interest in switching xSILO’s reward distribution model from a buy-back and distribute model to a direct distribution of USDC or ETH.
If approved, 50% of revenue will be swapped for USDC or ETH (instead of being used for buybacks) and distributed to xSILO holders.
The chosen model will be piloted for 3 months starting September 1, 2025, before being reviewed to determine the preferred method.
Choices: 1- Distribute as USDC 2- Keep distributing SILO from buybacks (current method) 3- Distribute as ETH 4- Abstain
Connect Wallet to Add Note
0Votes 19
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
 0xe153...aefa2E | 18.535M | Distribute as USDC |
 0x8980...25fCDC | 2.47M | Distribute as USDC |
 0xFb9e...Dd1E38 | 248,006 | Distribute SILO (Current) |
 0x5580...f7aACa | 246,407 | Distribute as ETH |
 gekko.eth 🦇🔊 | 160,296 | Distribute as ETH |
VOTE POWER
0
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Proposal Status
- Thu August 21 2025, 03:57 pmVoting Period Starts
- Sun August 24 2025, 03:57 pmEnd Voting Period
Current Results
1-Distribute as USDC
21.132M
2-Distribute as ETH
411,008.795
3-Distribute SILO (Current)
248,036.7
Quorum 21.791M/10M