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ApolloXApolloXby0x00CB7b6770E9822214230A1907785a7B1B20cc9e0x00CB…cc9e

【Proposal-16】Remove APX Transaction Burn Tax

Voting ended over 2 years agoSucceeded

Dear ApolloX users,

Taking into account feedback from community members, ApolloX proposes to remove the 1% burn tax for APX transactions. As the native token of the platform, an estimated 155,491,566 APX as transaction tax has been burned in total. Should the proposal pass to remove the 1% burn tax, the platform will modify the relevant parameters and the effective date and time this is implemented will be announced through official social channels.

Option 1: Remove burn tax Option 2 : Keep burn tax Option 3: Keep burn tax, but distributed to DAO stakers

Off-Chain Vote

Remove burn tax
12.47M Apx Power67.9%
Keep burn tax
1.98M Apx Power10.8%
Keep tax, distribute to DAO
3.92M Apx Power21.3%
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Timeline

Jun 19, 2023Proposal created
Jun 19, 2023Proposal vote started
Jun 23, 2023Proposal vote ended
Oct 26, 2023Proposal updated