[Proposal] Move DEXG from cap1 to cap2

Voting ended about 5 years agoSucceeded

This proposal is also on Balancer's forum.

As outlined in the updated whitelisting process, this is a proposal to increase the DEXG capFactor from cap1 to cap2 ($1M -> $3M).

The Proposal

The DEXG liquidity on Balancer surpassed >3$M with a total liquidity of $3.8M currently pooled. Therefore we propose to increase the capFactor from cap1 to cap2.

What is DEXG?

DEXG is the governance token of the DEXToken Protocol. The DEXToken Protocol creates a unique DeFi infrastructure, featuring a revolutionary AMM and utilising the off-chain capabilities of the Flowchain IoT network. Currently, the involved smart contracts are in open beta testing on the Ropsten Test Network. The Mainnet launch is planned within Q1 2021.

Off-Chain Vote

Increase DEXG cap to $3M

613.83K 68.8%

Keep DEXG cap at $1M

278.91K 31.2%

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Timeline

Jan 14, 2021Proposal created

Jan 14, 2021Proposal vote started

Jan 17, 2021Proposal vote ended

Oct 26, 2023Proposal updated