Rather than continue directing 20% to the treasury, Moonriver Referendum 69 proposes to adjust the proportion of burned transaction fees to 100%.
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.
