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Arke DAOArke DAOby0x17D68761A8E62E7ACC067Bc06CF7F4Dd9c437220arke-art.eth

#01 - $ARKES weekly distribution PHASE II

Voting ended over 3 years agoSucceeded

#01 - $ARKES weekly distribution PHASE II

As planned from the start, $ARKES token will have various phases in its evolution, first for reward the early believers with high rewards, and then for keep a logical tokenomics.

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The proposal is to enter in PHASE II, and then divide by 2 the weekly rewards for the token.

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First it will make less easy for newcomers to dump the price of the pool on Quickswap, and then with the new NFTs sales in $ARKES system that is coming it will make prices more balanced, and reduce the risk that some whales get all the NFTs with their large amount of $ARKES.

Ofcourse it will take time to find the good balance in the global rewards system, and it's totally normal that early believers got more rewards, many NFTs are coming so no worries if you can't get NFTs with $ARKES in the first salve.

phaseII.jpg

Off-Chain Vote

I validate the PHASE II
28 ARKEDAO100%
I reject the PHASE II
0 ARKEDAO0%
Abstain
0 ARKEDAO0%
Quorum:560%
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Discussion

Arke DAO#01 - $ARKES weekly distribution PHASE II

Timeline

May 18, 2022Proposal created
May 18, 2022Proposal vote started
May 23, 2022Proposal vote ended
Oct 26, 2023Proposal updated