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ApolloXApolloXby0x00CB7b6770E9822214230A1907785a7B1B20cc9e0x00CB…cc9e

【Proposal-17】Transfer owner permission of APX token

Voting ended over 2 years agoSucceeded

Dear ApolloX users,

In order to enhance transparency and fairness, ApolloX plans to implement a major update of the APX token. Currently, the owner permission of the APX token contract is configured on the multi-signature address of the ApolloX team, and the owner can perform the following operations:

  1. Set a transaction burn rate
  2. Manage the whitelist for transaction burn rate

A voting will be initiated for users to decide if ownership should be transferred to the zero address 0x0. If the vote passes, ownership of the APX token will be permanently lost and no one will be able to perform the above operations.

Currently, the burn rate of APX token has been set to 0 and the transaction burn tax has been canceled. This voting will not affect users and their future trading activities. Option1: Transfer ownership to zero address (0x0) Option 2: Team will continue to have ownership of the APX token

ApolloX will continue to improve on the platform’s degree of decentralization, strive for a user-centric experience and realize a user-centered vision of web 3.0

Off-Chain Vote

Transfer to zero address (0x0)
10.6M Apx Power50.7%
Team continues to have ownership
10.33M Apx Power49.3%
Download mobile app to vote

Timeline

Jun 26, 2023Proposal created
Jun 26, 2023Proposal vote started
Jun 30, 2023Proposal vote ended
Oct 26, 2023Proposal updated