[LIP#6] Vote to determine the Exolix Fee Distribution Schedule
Attention $veLTX holders,
As promised, we’re offering rewards by sharing the fees collected from Exolix swaps with our loyal community members. The proposal for determining the distribution schedule is now ready for voting.
To review the full details of the proposal, please follow this link.
To ensure direct benefits for $veLTX holders, the fees collected will be distributed in the form of $LTX tokens. These tokens will be acquired from the open market using Exolix fees.
We understand the importance of minimizing claiming fees associated with the Ethereum network, so we propose three options: quarterly, semi-annual, or annual distribution. You’ll have the chance to cast your vote and decide the timeframe for rewards.
Mark your calendars! The voting process kicks off on Friday, July 7th at 17:00 UTC, and will remain open for 7 days. During this time, you’ll have the opportunity to select your preferred distribution schedule. Here are the three options available for your consideration:
- Distribution every 3 months
- Distribution every 6 months
- Distribution every 12 months
In the short term we will provide the Ethereum address of the accumulation wallet, and in the mid term we will display the accumulated $LTX directly on Lattice Gateway as well. This way, you can stay informed about the progress of the reward distribution.
Participate in the voting process and help us create value for our community.
Disclaimer: $LTX’s primary purpose is to serve as a utility for the Lattice ecosystem, allowing holders to access features and participate in community governance.
Thank you for your continued support.
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