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CMT TokenCMT Tokenby0x3106eb8b2C5822131c298D2bbdCF4618B225d11e0x11e.eth

NO3. CMT staking mechanism

Voting ended almost 4 years agoSucceeded

The CMT staking system will have two primary functions:

Governance: staked CMT will gain voting power within the system enabling stakers to vote in elections and CKIPs offering the protocol a decentralized decision making mechanism. Protocol Rewards: Staked CMT will earn inflationary rewards. This mechanism will empower members dedicated to the protocol to increase their influence over decision making. Additionally, staked wallets that have trading activity will earn additional rewards in an effort to place active CMT users at the center of decision making.

Off-Chain Vote

YES
4.51K CMTT100%
NO
0 CMTT0%
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Timeline

May 12, 2022Proposal created
May 12, 2022Proposal vote started
May 18, 2022Proposal vote ended
Oct 26, 2023Proposal updated