AELIP-27: SNX staker aidrop claim termination

Author
StatusImplemented
ImplementorTBD
ReleaseTBD
Created2022-07-08

Simple Summary

This AELIP proposes to cut off SNX stakers ability to claim Aelin from the initial distribution upon passage of this AELIP. It has been over 6 months, providing plenty of time for stakers to claim. The program will be ended and all unclaimed AELIN will go back to the treasury.

Abstract

Upon passage of this AELIP, the treasury will destruct the merkle tree contract distributing vAELIN back to the treasury and use the vAELIN to claim all the remaining AELIN tokens.

Motivation

AELIN distribution was an award for SNX stakers. The claim period has been open for over 6 months. Anyone who has failed to claim in this period is not paying attention and will no longer be able to claim the AELIN moving forward.

Specification

Overview

If this AELIP gets approved, the treasury council will immediately destruct the vAELIN merkle contract and use the remaining vAELIN to claim the remaining AELIN distribution.

Rationale

Active participants in the Synthetix ecosystem have already claimed their AELIN and been rewarded. Those who have not paid attention to Aelin Protocol over the past 6 months will no longer be able to claim their distribution.

Technical Specification

N/A

Test Cases

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