Transaction Details
Transaction Hash:
0x9e
bc75456048211a5ef2609814143f231ea164260201bcdc9f5169a9e0cc
4a6c
Status:
Success
Block:
Timestamp:
From:
Interacted With:
Contract
Value:
0 Pulse
Transaction Fee:
0.02093797 Pulse
Effective Gas Price:
49.13529665 Beat
Execution Stats:
Used
426129
out of
647755
Gas
(66%)
Gas Fees:
Base Block Fee:
49.03529665 Beat
|
Max Overall Fee:
67.73052296 Beat
|
Max Priority Fee:
0.1 Beat
Attributes:
Txn Type: 2 (EIP-1559)
Nonce: 1
Block Position: 132
Call Data:
Address:
Name:
ProposalCreated(uint256 indexed id, address indexed proposer, address[] targets, uint256[] values, string[] signatures, bytes[] calldatas, uint256 indexed startBlock, uint256 endBlock, string description)
Topics:
| 0 | 0x7d84a6263ae0d98d3329bd7b46bb4e8d6f98cd35a7adb45c274c8b7fd5ebd5e0 |
|---|---|
| 1 | 0x0000000000000000000000000000000000000000000000000000000000000019 |
| 2 | 0x0000000000000000000000003fb19771947072629c8eee7995a2ef23b72d4c8a |
| 3 | 0x0000000000000000000000000000000000000000000000000000000001061015 |
Data (Decoded):
| calldatas | bytes[] |
0x[]
|
|---|---|---|
| description | string |
# Temperature check on IPT rewards
## Summary
Consult the community on whether to pause IPT rewards.
## Background
Interest Protocol is currently in week 45 of the approved rewards schedule. There are ~717k IPT rewards outstanding for this quarter.
## 4th quarter
|Type | Total IPT|IPT per week|
|--------|----------|------------|
|**Borrow**| 592,591| 45,583 |
|**Lend**|740,732 | 56,979 |
| Week | Starting block | Ending block |
|------|----------------|--------------|
| 40 | 16,899,470 | 16,949,453 |
| 41 | 16,949,454 | 16,999,437 |
| 42 | 16,999,438 | 17,049,421 |
| 43 | 17,044,625 | 17,099,405 |
| 44 | 17,099,406 | 17,149,389 |
| 45 | 17,149,390 | 17,199,373 |
| 46 | 17,199,374 | 17,249,357 |
| 47 | 17,249,358 | 17,299,341 |
| 48 | 17,299,342 | 17,349,325 |
| 49 | 17,349,326 | 17,399,309 |
| 50 | 17,399,310 | 17,449,293 |
| 51 | 17,449,294 | 17,499,277 |
| 52 | 17,499,278 | 17,549,261 |
## Motivation
Rewards are not inducing the hoped borrowing or lending activity. A 4-week pause has limited downside if the current protocol users are unlikely to withdraw from IP. Additionally, the pause would save approximately 410k IPT and give the community time to deliberate on an updated program.
## Specification
Pause the IPT rewards distribution program for four weeks to develop a new strategy for IPT rewards. If the proposal passes, no rewards will be allocated for weeks 46-49. Upon Week 50, the current program will resume, or if a new program has been approved by governance, it will take effect.
|
| endBlock | uint256 |
17214869
|
| id | uint256 |
25
|
| proposer | address | |
| signatures | string[] |
[name()]
|
| startBlock | uint256 |
17174549
|
| targets | address[] |
[0x266d1020A84B9E8B0ed320831838152075F8C4cA]
|
| values | uint256[] |
[0]
|
Data (Hex):