Proposal #11 Use BUILD/ETH staking to earn BUILD
At the moment, a part of the HYPE tax is converted into BUILD out of which a part is distributed to the BUILD holders with BUILD-only staking.
The original intention of this idea was to reduce the supply of BUILD and increase the BUILD price. In practice, this has not happened.
If this proposal passes, we'll switch from BUILD-only to BUILD/ETH staking to earn more BUILD. This should help us increase liquidity.
Off-Chain Vote
For
8.93K 97.3%
Against
243.64 2.7%
Timeline
Oct 31, 2020Proposal created
Oct 31, 2020Proposal vote started
Nov 01, 2020Proposal vote ended
Oct 26, 2023Proposal updated