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Proposal #16

Staking contract proposal - 5 years duration

PassedText Proposal

Passed on 02 Nov 2022 with 66.9% of the votes for yes.

Yes

66.9%

69.6% without abstain

Veto

1.1%

of votes cast

Ended

02 Nov 2022

The ballotvotes cast · final tally
Yes

66.95%

of votes cast

Abstain

3.77%

of votes cast

No

28.24%

of votes cast

Veto

1.05%

of votes cast

By voting YES on this staking contract proposal you will lock your entire token balance (through non-removable vesting accounts) in exchange for a DVPN bonus.

Once the vesting account is put in place the action cannot be undone.

  • 5 years lock duration plus 18 months vesting for 1.18x the DVPN tokens. As an example, if you lock 100 tokens you will receive an additional 18 DVPN tokens
  • The additional tokens are locked inside the vesting account too
  • After 5 years or 1826.25 days, the tokens will be linearly unlocked over a period of 18 months

The DVPN balance of all the people who voted YES will be updated during the next chain upgrade.

This proposal is a follow-up to [Hidden link], which was approved on 2022-10-09.

Voting NO or ABSTAIN has no effect, if you voted YES but change your mind you can vote NO or ABSTAIN before the voting ends and you won't be included in the staking contract, in case you vote YES on multiple staking contracts only the shortest will be considered valid.

Timeline

  1. Submitted19 Oct 2022
  2. Voting started19 Oct 2022
  3. Voting ended02 Nov 2022
  4. Deposit deadline02 Nov 2022

Proposer

Address
Deposit500.0K

Rules

Not recorded for this proposal.