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BMXBMXby0xB1dD2Fdb023cB54b7cc2a0f5D9e8d47a9F7723cemorphexbmx.eth

Proposal to end all oBMX emissions and disable exercising oBMX to LP

Voting ended over 1 year agoSucceeded

Proposed changes:

  • End all oBMX emissions. Treasury and team vesting to reduce amount of tokens to be in line with the % of total supply scheduled initially.
  • Disable exercising oBMX to LP. Exercising oBMX to BMX would remain possible with revenue generation. Treasury will support the APR for locked LPs on BVM as needed until July 10th, 2024 (accounting for the maximum lock duration of 2 months with a small buffer).

These changes would reduce the total supply of BMX and bring higher demand as we prepare to further scale beyond BVM.

After 24 hours since the initial proposal announcement, voting will begin and be live for 3 days.

Off-Chain Vote

For
753.63K BMX100%
Against
0 BMX0%
Quorum:100%
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Timeline

May 04, 2024Proposal created
May 05, 2024Proposal vote started
May 08, 2024Proposal vote ended
Mar 28, 2025Proposal updated