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Blockzero LabsBlockzero Labsby0x71ca1834b42CC6f8783Fc0B461Cf5A0F8B568a500x71ca…8a50

Flashstake Amended Tokenomic Proposal

Voting ended over 3 years agoSucceeded

This proposal can be found in depth at: https://docs.google.com/document/d/1NpDN3_gVParsOJVR8gYNyjILmLDrxFReZQfmyZxh6EY/edit#

The original proposal + amendment by DefiChad can be found here: https://docs.google.com/document/d/1IEdhdcb91XxBA2Hm8daUuHyXPJH0_2Gcr3oSY0epywM/edit?usp=sharing


TLDR:

The amended tokenomic proposal put forth by the team last week to correct for the error in Flash v1 and v2 holder counts did not pass.

As such, we as a team came together to search for a compromise that keeps with the spirit of the initial proposal that did pass, but also accounts for the increased number of tokens addresses that would have a claim on the community airdrop portion of the budget.

Specifically, we had an approved community supply of 23,244,575 which should have been 27,984,426.7284.

One final point before we move forward, we heard a good number of people voice the opinion of wanting options to weigh their vote against. We agreed with providing additional choices, and will be structuring this proposal in such a way where you will pick what you believe is the “best” choice for the protocol. You may also vote for neither option or abstain.

Off-Chain Vote

Decrease CommunityProportionally
2.68M XIO38.7%
Decrease Flashback Budget
4.23M XIO61.3%
None of the above
0 XIO0%
I abstain
0 XIO0%
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Discussion

Blockzero LabsFlashstake Amended Tokenomic Proposal

Timeline

May 20, 2022Proposal created
May 20, 2022Proposal vote started
May 27, 2022Proposal vote ended
Oct 26, 2023Proposal updated