UIP-5

Good Sanai
Uniwhale
Published in
2 min readJun 3, 2023

Short Name

UIP-5

Long Name

Option to receive tokens early for airdrop holders

Area of Impact

Airdrop

Logistics

Where: Uniwhale space at Snapshot.org
When: 2PM UTC Jun 5, 2023–2PM UTC Jun 7, 2023
To participate, you must unstake esUNW before the Snapshot.org snapshot.

Proposal Description

UIP-5 asks our community, in addition to the current distribution schedule, if airdrop holders have the option of receiving the eligible UNW and esUNW airdrops immediately by burning 50% of their tokens.

If UIP-5 passes, you can choose to claim all UNW or esUNW tokens immediately, but need to burn 50% of the token (sent to the zero address); or, as is the case now, you can choose to release them linearly on a weekly basis.

Voting

The voting will take place at the Uniwhale space at Snapshot.org.

The voting will start at 2PM UTC Jun 5, 2023 and end at 2PM UTC Jun 7, 2023

To participate, you must unstake esUNW before the Snapshot.org snapshot. You can stake your esUNW again after your vote is recorded. You are recommended to unstake at least 30 minutes before the intended voting start, to ensure the Snapshot.org nodes can capture your unstaked esUNW.

Snapshot.org is a 3rd-party platform we use to facilitate off-chain voting. In accessing and/or using Snapshot.org, you acknowledge and agree that you shall have no claim against Uniwhale or its affiliates in respect of any loss suffered by you in relation to or arising from your access and/or use of Snapshot.org.

Background

Please visit our Discord channel: https://discord.com/channels/1037556934615769130/1041978754613903372/1112904078746452020

Join us!

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Good Sanai
Uniwhale

Chief Architect | Smart Contract Builder | Risk Management | ex-Wallstreet Quant