Update SV Reward Weight
May 23 at 12:00 UTC marks 30 days since SV Locking enforcement began under CIP-0105.
Tradeweb has now provided a locking PartyID showing that it is funded above the 70% threshold required for Tier 1 status.
Because Tradeweb was previously reduced to Tier 2, a new vote will be created to restore its Tier 1 status:
Tradeweb → No reduction, restored to Tier 1 because the locking PartyID is funded above 70%.
May 23 at 12:00 UTC marks 30 days since SV Locking enforcement began under CIP-0105.
Ledger has now provided a locking PartyID showing that it is funded above the 70% threshold required for Tier 1 status.
Because Ledger was previously reduced to 0, a new vote will be created to restore its Tier 1 status:
Ledger → No reduction, restored to Tier 1 because the locking PartyID is funded above 70%.
May 23 at 12:00 UTC marks 30 days since SV Locking enforcement began under CIP-0105.
Elliptic has now provided a locking PartyID showing that it is funded above the 70% threshold required for Tier 1 status.
Because Elliptic was previously reduced to 0, a new vote will be created to restore its Tier 1 status:
Elliptic → No reduction, restored to Tier 1 because the locking PartyID is funded above 70%.
This will be on the same vote as the prior announcement with Ledger:
Ledger → No reduction, restored to Tier 1 because the locking PartyID is funded above 70%.