Let’s welcome our new delegates to the Moonbeam Governance Guild. For their six-month term, Moonbeam delegates will be allocated 5M GLMR of voting power, while Moonriver delegates will receive 50K MOVR.
In Big Spender referendum 1587 Snowfork is requesting a $5M USD equivalent in vested payments for completed milestones and 12 months of operational costs of Snowbridge. The payments allocated to operational costs and team incentives ($3.75M) will be held in the Insurance and Bug Bounty Coverage wallet, vested over 12 months. Funds may be diverted to reward identifiers of vulnerabilities, or compensate victims of a bridge exploit.
