Good evening Moonbeam community,.

19 Jul 2023, 23:38

Good evening Moonbeam community, We deem it important to address the recent concerns regarding the Tranche 2 grant voting process. You may notice that the snapshot voting is currently closed a lot earlier than anticipated. The Moonbeam community thrives on active participation, vigilance, and mutual trust, which are foundational to our collective success. We acknowledge that an irregularity has been identified in the Snapshot voting process for the Ecosystem Grants. Rather than considering voting power at the block where the snapshot was created; voting power was being determined at the block where a user voted. The bug was brought to our attention by our vigilant community members. Upon discovery, our team promptly reported the issue to Snapshot.org. The bug was confirmed, subsequently rectified via a hotfix, and the results have been retallied. We can reassure our community members that these swift actions were executed to maintain the integrity of the voting process. In relation to concerns voiced regarding the validity of the vote due to the identified bug, we fully appreciate their vigilance and commitment to the transparency and fairness of our ecosystem. It is important to underscore that the decision to invalidate a vote and commence a re-run is a grave one, meriting careful deliberation. We will announce the date when we will relaunch the snapshot vote soon, please stay tuned. Moving forward, we remain committed to continually enhancing the transparency and integrity of our procedures. We are taking the lessons from this incident in stride. We pledge to keep the community in the loop and invite everyone to partake in these vital discussions. We extend our heartfelt gratitude for your continued engagement and understanding. The Moonbeam community thrives on your trust and participation.