Voting has started for Hydration Referendum 22 which will implement runtime release v35.0. This runtime overhauls the fee structure to reduce trading fees, increase LP yields, and rebalance referral rewards.
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.
