Iagon voting on the first mainnet SPO poll.
22 May 2023, 09:37
Iagon voting on the first mainnet SPO poll
Iagon has a history of contributing to the Cardano ecosystem ranging from offering a solution to the Proof of Burn Challenge, to ecosystem partnerships such as with Coti, and to attending Cardano Summit with CEO Dr. Navjit Dhaliwal as speaker. As part of this journey, Iagon announced it would be migrating fully to Cardano at the end of 2022. Because we want to be an active participant in the ecosystem we have also decided we will vote in the mainnet SPO vote with our Iagon liquidity pool (IAGL1).
Should liquidity pools vote on mainnet events?
Our liquidity pool offers rewards in $IAG tokens in exchange for contributing liquidity on Minswap & Wingriders and delegating to our staking pool (IAGL1), you can read more about the program here: Our delegators are holders of ADA in the ecosystem just as any other holders and are free to choose to delegate to our pool or not based on how we vote. We also believe that it is important to establish a culture of voting on SPO voting events and that as much of the ecosystem participates in these voting events as possible. As a company that is developing on Cardano and offering solutions for the ecosystem, we also believe it is in our long-term interest to participate and give our vote on what we believe will contribute to the success of the Cardano Blockchain and Cardano Community . For these reasons, we have decided to vote on this mainnet event.
We will vote k=1000 and minfee 170