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BearXBearXby0x43a3f032E34467e8f692244461CA1b422f9af2300x43a3…f230

SROOTx Governance Vote

Voting ended almost 2 years agoSucceeded

We have had recent discussion across discord about this, but the following vote is in order to simplify, and bring value to BearX, for holders and newcomers alike.

With this in mind, the proposal would be to take action on the following:

Close down SROOTx, sunsetting the ability to burn ROOTx for SROOTx For SROOTx holders, allow claiming, and then a burn SROOTx for ROOTx conversion (either through an identical process as to the above, or manual burn to claim) ROOTx will then become the sole token of the BearX ecosystem with capped emissions, content driven utility (see below) and buy back burn programs. ROOTx will switch from inflationary, to deflationary. ROOTx utility / features from Q1 2024 (all burnable events):

Buy-back-burn quarterly on ROOTx Run Lightning or Edge nodes on Script Network Use for all mini games and future game experiences Swap ROOTx for legacy NFTs from BearX and partners Governance voting To clarify, this is a proposal for holders of ROOTx to vote on, if you vote against (no), you are choosing to keep SROOTx in the ecosystem. By voting for (yes), you are choosing to discontinue SROOTx and in affect, sunset it.

Any questions let us know, thanks!

Off-Chain Vote

Discontinue SROOTx
209.57K ROOTx95.8%
Keep SROOTx token
9.1K ROOTx4.2%
Download mobile app to vote

Discussion

BearXSROOTx Governance Vote

Timeline

Jan 30, 2024Proposal created
Jan 30, 2024Proposal vote started
Feb 06, 2024Proposal vote ended
Feb 09, 2024Proposal updated