Close Ambire Rewards Season 2

Season 2's one-month extension is wrapping up below target. It's time to decide on how to close it: end with no payout, or end with a 50% payout from the extension rewards pool.

Stefan

Apr 8, 2026 • 2 min read

It's time to decide how we end Rewards Season 2

Ambire Rewards Season 2 is set to end on April 15, 2026, and we need the community to decide how to close it.

In March, the DAO voted to extend Season 2 by one month with a new milestone: reach $2M in Swap & Bridge volume to unlock a $150k $WALLET rewards pool. With about a week left in the extension, current volume sits at $1.26M — short of the $2M target, and unlikely to close the gap before April 15.

Now we need your help to decide what to do.

Proposal overview

This governance proposal asks the community how we should close Ambire Rewards Season 2, since the extended season is on track to fall short of the $2M Swap & Bridge volume threshold.

There are two paths:

End the season with no payout, or
End the season with a 50% payout (50% of the original rewards pool)

The question is: How should we close Ambire Rewards Season 2?

Voting options

End now with no payout
End now with 50% pool* payout

If you vote to end with no payout, the season closes on April 15, and no $WALLET is distributed for Season 2.

*If you vote to end with a 50% pool payout, the season closes on April 15, and $50,000 worth of $WALLET (50% of the original $100k rewards pool) is distributed to eligible Season 2 participants, calculated using the Season 2 scoring formula.

Motivation

We're proposing these options to keep the process fair, transparent, and aligned with what Ambire Rewards is meant to do: reward real usage.

One extension was enough. The community already chose to give Season 2 a second chance in March. With the extended target also out of reach, it's time for a clean close rather than another extension on top of an extension.
Fair close-out options. Ending with either no payout or a partial payout lets the DAO choose how strict it wants to be about hitting targets versus recognizing the users who did show up and use Swap & Bridge during the season.
Clear runway into what's next. A definitive end to Season 2 lets the team and the community focus on the next phase of Ambire Rewards, rather than keeping a season on life support.
Reward real usage. Whichever option wins, the outcome reflects the principle Season 2 was built on - rewards follow real volume, not promises.

What happens next

The discussion period runs for 5 days on Discord, starting April 8, 2026. After that, the proposal goes to a Snapshot vote.

Whichever option wins, Season 2 closes on April 15, 2026. Any distributions that follow will be calculated and vested in accordance with the Season 2 framework approved by the DAO in December 2025.