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BasisDollarBasisDollarby0x20eeA03DcEF4241Da6B11471dc31f031152EFf7c0x20ee…Ff7c

BDIP01 - BasisDollar Improvement Proposal 01

Voting ended over 5 years agoSucceeded

The Seed Bank is designed to fair distribution of BSD, that's why we choose to distribute 500k BSD over 4 weeks. Be aware of the Community's concern about the Seed Bank emission rate, but we already burned the owner key of the Seed Bank contract, we can't change its emission anymore. Maximum Supply Expansion of current supply at every epoch is capped at 4.5% and 9% respectively (one epoch every 12 hours), let's say the Treasury contract will mint X $BSD in this case.

Given the information above, we would like to execute a Community vote about the X $BSD from expansion to benefit the LPs from the Share Bank (4 liquidity pools) - the main motivation behind this proposal:

A. Distribute all X $BSD from expansion to $BSDS stakers (no change) B. 50% of X $BSD from expansion to BSDS stakers and 50% to LPs for 14 epochs (7 days) C. 50% of X $BSD from expansion to BSDS stakers and 50% to LPs for 28 epochs (14 days) D. 75% of X $BSD from expansion to BSDS stakers and 25% to LPs for 14 epochs (7 days) E. 75% of X $BSD from expansion to BSDS stakers and 25% to LPs for 28 epochs (14 days)

Off-Chain Vote

A
4.17 0.2%
B
0 0%
C
0 0%
D
1.3K 70.6%
E
538.28 29.2%
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Timeline

Dec 22, 2020Proposal created
Dec 22, 2020Proposal vote started
Dec 23, 2020Proposal vote ended
Oct 26, 2023Proposal updated