We have finalized our first official DAO proposal: Resolution on the Credit Refund Claims Program and
$RAIN Market Protection.
This vote comes in response to irregular activity found in the
@Gems_Launchpad credit refund program, which negatively impacted the
$RAIN price and jeopardized our holders. To protect the ecosystem, we demanded the immediate suspension of the program. Now, the community will decide the path forward.
This proposal will go live on the Rain DAO on Saturday, May 23, 2026, at 5:00 PM UTC and will remain open for 24 hours.
You can read the full proposal right now in our Discord DAO discussions channel:
tr.ee/daodiscussions
As a reminder, you must set up your
@SnapshotLabs account and delegate your voting power to your wallet ahead of time to participate. All details are in our latest blog post. without this step, you won't be able to vote. Read more:
x.com/Rain__Protocol/status/…