Reduce the Restorative Rebase percentage from 30% to 10%
Proposal This STP proposes to reduce the Restorative Rebase described in STP 8 from 30% to 10%
Purpose
The STP aims to make a more tolerable tax percentage for selling during periods when restorative rebase is active.
It aims to stop market participants rushing to sell as soon as the price peg restores to 1:1 thus triggering further rebasing.
It will reduce the disincentive to trade τDoge / τBTC.
Off-Chain Vote
Pass
7.7K 98.3%
Veto
133.25 1.7%
Timeline
Jun 03, 2021Proposal created
Jun 03, 2021Proposal vote started
Jun 10, 2021Proposal vote ended
Oct 26, 2023Proposal updated