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BeetsBeetsby0x89c7D6ABA9Cd18D8A93571E583EEAc58Da75acE60x89c7…acE6

Fantom Governance vote #3 - Booming and Building for the long run

Voting ended over 1 year agoSucceeded

Since Beethoven-X operates a validator node on the Fantom Opera network, we are able to vote on Fantom Governance proposals. Please see the proposal below. We will relay the outcome of this vote onto Fantom governance.

Mint a small percentage of new tokens on a streaming basis beginning six months after Sonic network launch to fund ongoing marketing, ecosystem growth, and partnership efforts post-launch.

Launch programs to work with the 200M $FTM Sonic Labs Innovator Fund and accelerate Sonic Labs’s revamped grant programs, including:

Sonic Spark — Spark innovation with early founders and bring the next wave of builders to Sonic Sonic University — Provide students at select colleges and universities with resources, knowledge, access, and guidance to building the next generation of dApps on Sonic Innovative, annual burn mechanism ensures 100% of all newly minted tokens are allocated towards network growth and any unused tokens are burned.

More info: https://forum.fantom.network/t/governance-vote-3-booming-and-building-for-the-long-run/1240

Off-Chain Vote

Mint 1% per year for 6 years.
1.41M maBEETS22%
Mint 1.5% per year for 6 years.
4.39M maBEETS68.7%
No, I do not approve.
587.88K maBEETS9.2%
Download mobile app to vote

Discussion

BeetsFantom Governance vote #3 - Booming and Building for the long run

Timeline

Jun 25, 2024Proposal created
Jun 25, 2024Proposal vote started
Jun 28, 2024Proposal vote ended
Jun 28, 2024Proposal updated