Internet Computer Association

DFINITY Foundation

ICP Maximalist Network

cycledao.xyz

Today was the first day we saw the full impact of the new weights applied to NNS proposal topics.  If you voted for all proposals that were finalized yesterday, then you earned approx 115 - 130% annualized voting reward yield (8 year dissolve delay and 0 - 28 months neuron age).  If you voted for all proposals except the governance proposal, then you earned 8-10% annualized voting reward yield.  There will be a wide range of daily voting rewards moving forward depending on how many Governance and non Exchange Rate proposals are finalized each day.  

ICP is a governance token and the tokenonmics are intended to incentivize active participation.  High participation rates are necesary to achieve the most decentralized governance decisions possible.  The current participation rate on governance proposals is 11%, but hopefully the participation rates will start to increase with these new tokenomics incentives.  

This is the 16th proposal in a 30 day series of Governance motion proposals that will be submitted to the NNS.  These proposals each describe something educational about IC governance.  The action that is requested with these proposals is for you to demonstrate participation in governance by voting.  The neurons that vote will get voting rewards whether or not these proposals are adopted or rejected.  For more information, please visit the deliberation on the forum topic linked below.  You can also find all past daily governance proposals in this series on the dashboard.

https://forum.dfinity.org/t/proposals-to-increase-voting-participation-on-governance-topics/10706  
https://dashboard.internetcomputer.org/governance?s=25&topic=TOPIC_GOVERNANCE  

New Voting Rewards