Express

Risk Labs To Provide Gas Fee Relief For UMA Protocol Governance Votes

Tracy CHEN

Summary: According to the official blog, Risk Labs is announcing a program to provide gas fee relief for UMA protocol governance votes. This program will compensate gas fees paid for governance and price request votes, distributed in the form of additional UMA tokens. UMA's governance is incentive-based: any voter who votes correctly is rewarded with a share ...

According to the official blog, Risk Labs is announcing a program to provide gas fee relief for UMA protocol governance votes. This program will compensate gas fees paid for governance and price request votes, distributed in the form of additional UMA tokens. UMA's governance is incentive-based: any voter who votes correctly is rewarded with a share of the 0.05% total supply inflation.

Tracy Chen

Last Update:

Tags: ,
Link: Risk Labs To Provide Gas Fee Relief For UMA Protocol Governance Votes   [Copy]
  • Will Introduction of the Stablecoin Act Trigger a Financial Tsunami? 22 hours ago
  • Trump Just Opened the Floodgates: What Happens When $9 Trillion in Retirement Money Hit... 4 days ago
  • US Crypto Stash Shock: Marshals' Low BTC Count Fuels 'Secret Sale' Debate, Ignites Buyb... 5 days ago
  • Mini Altcoin Season Brewing? Old Guard's Rally Signals Potential Shift 7 days ago
  • New All-Time High for BTC: Weekly Market Outlook & Strategy 8 days ago
  • You need to login to comment.