PANews reported on July 10 that according to the announcement of the Viction Foundation, the VIP#5 proposal voting is now open, which will determine the distribution model of Retrodrop Season 2. This Retrodrop will distribute a total of 2.5 million $VIC tokens.

The voting time is from 15:00 on July 10 to 15:00 on July 14, Beijing time, and the voting rights are based on the $VIC balance snapshot at 15:00 on July 8. The proposal proposes three distribution modes for the community to choose:

1) Project priority, 90% of tokens are allocated to core projects;

2) Balanced support, with 80% allocated to core projects and the rest to the community and contributors;

3) Community-led growth, with 70% allocated to projects and more resources going to the community and user contributors.

According to Binance market data, VIC rose 7.35% in 24 hours and is currently priced at $0.334.