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ApolloXApolloXby0x00CB7b6770E9822214230A1907785a7B1B20cc9e0x00CB…cc9e

【Proposal-11】Adjust the percentage of daily trading fee income used to repurchase APX

Voting ended almost 3 years agoSucceeded

Dear ApolloX users, To thank everyone for their continuous support and contribution to the ApolloX platform, ApolloX plans to increase the percentage of its daily fee income used to repurchase APX, which will be added into the DAO staking reward pool for distribution to APX stakers. Repurchase method: The platform will allocate a portion of its daily trading fee income for the repurchase and complete the APX repurchase within the same day. Repurchased APX will be automatically transferred to the below DAO contract address and distributed to staking users in accordance with the DAO reward rules. *Platform trading fee income refers to the net income of BUSD,USDT and income from other tokens after deducting the liquidity cost, and will be converted to the USDT equivalent amount to be added into the DAO contract address to carry out the repurchase.

Contract Address: 0x7f878994507F5B0588cF0EBEE07128d9A742ad9d

Option 1: Repurchase percentage: 50% Option 2: Maintain current percentage: 30%

Off-Chain Vote

Repurchase percentage: 50%
19.86M Apx Power100%
Maintain current percentage: 30%
1.38K Apx Power0%
Download mobile app to vote

Discussion

ApolloX【Proposal-11】Adjust the percentage of daily trading fee income used to repurchase APX

Timeline

Feb 20, 2023Proposal created
Feb 20, 2023Proposal vote started
Feb 24, 2023Proposal vote ended
Oct 26, 2023Proposal updated