Loopring initiates a proposal to add LRC staking functionality

Ethereum Layer 2 protocol Loopring launched a vote on December 3 to add LRC staking functionality.

Loopring initiates a proposal to add LRC staking functionality

The proposal proposes to allocate 45% of protocol revenue to qualified liquidity mining pools, 45% to users who stake LRC, and 10% to DAO in the future.

If it is to be passed, the yes votes must account for more than 60% of the total votes, and more than 10 million LRCs must participate in the voting.

Currently, the Loopring proposal has received 18 million LRC votes, accounting for 98.62% of the total votes.

Disclaimer: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Information source: compiled from COINCU by 0x information.The copyright belongs to the author Harold, and shall not be reproduced without permission

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