Initiate Silo Vaults Emission Program - Vault Manager incentives
Please vote on the following proposal as outlined in the Silo Governance Program.
- Allocate 71,428,571 $SILO to the Vault Manager Incentive program
- $SILO is to be distributed to vault managers based on DAO revenue or TVL KPIs as outlined in the proposal
- A maximum of 71,428,571 $SILO is to be distributed with any remainder returned to the DAO treasury
Program Terms: Deposits made through minting/issuing assets into vaults are excluded Performance metrics evaluated using 60-day median to mitigate short-term volatility and ensure fair and consistent assessment Rewards to be distributed quarterly and subject to one-year linear vesting Program to run for one year or until the total allocation is exhausted, whichever occurs first If achieved TVL/revenue falls between two predefined tiers, rewards will be granted at the lower tier’s rate SiloDAO reserves the right to withhold incentives in cases of abuse, including inflating TVL, operating vaults on suspicious markets, acting in ways detrimental to SiloDAO, or otherwise suspicious activity.
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
0xE641...0c5BDc | 29.75M | For |
0x272a...70Ff13 | 21.579M | For |
0x3c7B...f47efd | 20.453M | For |
0x3304...431b29 | 9.72M | For |
0xd5F2...89C8bc | 3.5M | For |
VOTE POWER
Proposal Status
- Fri April 18 2025, 02:25 pmVoting Period Starts
- Sun April 20 2025, 02:25 pmEnd Voting Period
Current Results
1-For
86.451M
