[GP-5] GRACY Staking Season 4 Notice

Gracy
2 min readFeb 20, 2024

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image by Gracy

Greetings!

GRACY values community input through voting for key decisions. This announcement serves as a heads-up for the upcoming snapshot vote that will determine the size of the staking reward pool for Season 4.

As GRACY Staking Season 3 concludes on March 17th, Season 4 is set to start on March 18th. We have planned a snapshot vote to determine the staking reward pool for Season 4, accompanied by a series of events, including voting and RT events, with a total of $3,000 in airdrop rewards. We encourage active participation in the snapshot vote for robust community engagement.

🗓 [GRACY Staking Schedule](UTC)
Season 3 Ends: March 17, 2024, 14:59
Season 4 Begins: March 18, 2024, 15:00
Staking Reward Distribution Starts: March 20, 2024, 16:00

🗓 [Snapshot Vote Schedule](UTC)
Proposal: [GP-5] GRACY Staking Season 4 Reward Pool Size Determination Vote
Snapshot Date: March 11 (Mon) between 04:00 to 15:00
Voting Period: March 12 — March 14, 12:00
Snapshot Vote Link: To be provided on March 11

⏰️ Voting Procedure
A. Hold at least 1 GRACY in your MetaMask wallet by March 11, before the snapshot.
B. Receive the Galxe Voting Link on Discord.
C. Cast your vote.

Note:

🎫 Voting is open to wallets participating in GRACY staking. You can participate in the vote by linking the MetaMask wallet used in Season 3, with staked GRACY, without any additional transfers.

🗳️ What is Snapshot Voting? Snapshot voting involves proving voting eligibility through a snapshot method. To participate, you must hold at least 1 GRACY in the wallet you intend to vote with before the snapshot deadline. Voting power is not a one-vote-per-wallet system; the voting weight increases proportionally with the amount of GRACY held in wallets.

👉 GRACY Staking Link

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Gracy

I am a web3 and AI-powered HR specialist. My aim is to provide HR insights to managers and organizations, helping to create fruitful workplace cultures.