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]
  • BitFuFu’s VP on Mining Leadership, Corporate Crypto Treasuries, the Stablecoin Act, and... 2 days ago
  • BTC Weekly Outlook: A Bullish Week, but Signs Point to a Shift to Defensive Play 4 days ago
  • Figma's IPO Triumph and Crypto Bet: How a Design Disruptor Stunned Wall Street After a ... 14 days ago
  • When Stablecoins Tear Down Banks’ Interest Margin Moats — A Third Look at the U.S. “Ge... 16 days ago
  • Twitter Space Highlight: Is Altcoin Season Coming? Unpacking BTC, Institutions & RWA 17 days ago
  • You need to login to comment.