AdExby
0xec82…a9f9
Halving Staking Rewards for Increased Incentives and Extended Reward Period
The current ADX staking reward stream combines rewards generated by the AdEx platform and the effects of last year’s halving, which extended the reward distribution period by several months but is now nearing its conclusion (in February 2025 as previously voted).
Proposal overview
To optimize long-term incentives and align with the platform’s evolving revenue model, we propose another halving of the ADX staking rewards. This adjustment would offer several benefits:
Enhanced Rewards: Boosted overall rewards by combining a reduced staking rate with product-generated revenue. Extended Staking Period: Sustain the reward boost for a longer duration. Reduced Token Emissions: Further reduce ADX token emission.
Voting options
Halve the ADX rewards: This would lower the current APY but extend the staking period by another 12 months, with rewards on top of those generated by the AdEx platform.
Maintain the current APY until February 2025: The existing APY will continue until February, after which rewards will be limited to a lower APY driven solely by platform-generated revenue.
Voting eligibility
Voting is open to holders of our two governance tokens: ADX-STAKING and ADX-LOYALTY. Please note that if you hold ADX tokens but haven't staked them, you won’t be eligible to vote.
Useful links
Off-Chain Vote
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- Author
0xec82…a9f9
- IPFS#bafkreih
- Voting Systembasic
- Start DateJan 17, 2025
- End DateJan 31, 2025
- Total Votes Cast470.6K ADX
- Total Voters9
Timeline
- Jan 17, 2025Proposal created
- Jan 17, 2025Proposal vote started
- Jan 31, 2025Proposal vote ended
- Jan 31, 2025Proposal updated