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BMXBMXby0xB1dD2Fdb023cB54b7cc2a0f5D9e8d47a9F7723cemorphexbmx.eth

BIP-14: End Mode Native Incentive Campaign

Voting ended 11 months agoSucceeded

If passed, the BMX native incentive campaign on Mode (BIP-10) will end immediately due to ineffective attraction of users and volume.

Mode as a chain has struggled to attract users, TVL, volume, and growth. Following the Ionic exploit, TVL plunged across the chain. The team's opinion is that the outlook for Mode is bleak and continuing to distribute BMX is wasteful. Products operating on Mode will be maintained as normal, only ending native incentives.

Off-Chain Vote

For
811.69K BMX100%
Against
0 BMX0%
Quorum:108%
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Discussion

BMXBIP-14: End Mode Native Incentive Campaign

Timeline

Mar 01, 2025Proposal created
Mar 01, 2025Proposal vote started
Mar 06, 2025Proposal vote ended
Mar 28, 2025Proposal updated