As approved by PIP-16, unclaimed DAO rewards for epochs 13, 14 and 15 have been donated to the pNetwork DAO Treasury.
17 Oct 2022, 15:25
As approved by PIP-16, unclaimed DAO rewards for epochs 13, 14 and 15 have been donated to the pNetwork DAO Treasury. This accounts for 292,090 PNT tokens being added to the Treasury.
Starting from epoch 13, all DAO rewards are subject to a 6-months expiration date. This encourages community members to be more actively involved with the project and contributes to the further growth of the ecosystem via otherwise-unused funds.
The DAO Treasury is a strategic reserve managed by the DAO community aimed at funding the further growth of the protocol. This first execution of PIP-16 has contributed 292,090 PNT tokens to the DAO Treasury, which are now available for DAO members to allocate.
DAO Treasury incoming funds:
Note that rewards that are unlocked before February 21, 2022 (until epoch 12) are not affected by PIP-16 and can still be claimed in full via the Ethereum Network.
Read PIP-16: