executedEnded 2 years ago ยท Onchain
UIP-012 Update Arbitrum Dripping Schedule
By 0x7a0C...022Be4Continue Reading
Abstract
Update Arbitrum dripping schedule to send another 1,296,000 UNION tokens to Arbitrum.
# Motivation
This proposal aims to resolve the issue identified in UIP-008, which was intended to update the Union dripping schedule for Arbitrum. The problem with UIP-008 was that it proposed dripping a total of 1,296,000 UNION to Arbitrum. However, while updating Arbitrum's existing dripping schedule, UIP-008 mistakenly set the total dripping amount to 1,296,000 without accounting for the amount previously dripped. This error caused the Arbitrum dripping to stop, as the previous dripped amount was already greater than the newly proposed amount. To rectify this, we propose changing the total dripping amount to the sum of the previously dripped amount (2,400,000) and the newly proposed amount (1,296,000), bringing the total to 3,696,000.
# Specification
- Invoke the Treasury.editSchedule() function to modify the dripping schedule for Arbitrum. Set dripStart to the block number at which UIP-008 was executed. The dripRate should be set to 1 UNION per block. Specify the target as the ArbConnector (address: 0x307ED81138cA91637E432DbaBaC6E3A42699032a). Set the total dripping amount to be 3,696,000 UNION.
# Test Cases
Tests and simulations can be found here: PR
# Implementation
Call Treasury.editSchedule() to update the dripping schedule for the Arbitrum.
Connect Wallet to Add Note
0Votes 3
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
0x7a0C...022Be4 | 58M | FOR |
0xcc0C...9cE4C3 | 36,502 | FOR |
0x28d9...668151 | 0.00 | FOR |
VOTE POWER
0
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Proposal Status
- Tue January 23 2024, 06:26 amVoting Period Starts
- Fri January 26 2024, 07:06 amEnd Voting Period
- Sat January 27 2024, 07:39 amQueue Proposal
- Tue January 30 2024, 03:03 amExecute Proposal
Current Results
1-FOR
58.037M
2-AGAINST
N/A Tokens
3-ABSTAIN
N/A Tokens
Quorum 58.037M/40M
