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MONSTA - The Beast of BSCMONSTA - The Beast of BSCby0x8B76F826bf2474f2a27A63d5ff7Fb3F7C41B4589cakemonster.eth

CMP-2022/5 - Temporarily Redirect iTax & Kitchen Rewards to Cake Toss

Voting ended over 3 years agoSucceeded

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The inactivity tax and kitchen rewards are currently not working as originally intended and most of the rewards given out end up in the hands of bot creators who sell the rewards directly. This in turn puts unnecessary pressure on the MONSTA price and takes the fun out of our community, investors, and Diamond Claw NFT holders.

We are in the process of updating the Cake Monster reward system (including Diamond Claw NFTs) to bring rewards back to our actual community and lock out unfair players. As a first (TEMPORARY) step, we would like to propose redirecting all rewards issued by the Kitchen and iTax to the Cake Toss prize pot.

This way we can ensure that these rewards stay in our community and are distributed in a fair and random way. As a positive side effect, we will increase our "Cake Toss" game and its deflationary effects on MONSTA, while we are sure that the sales pressure on the rewards will decrease significantly.

You can find more info on Cake Toss here: https://cakemonster.medium.com/choose-a-side-you-must-cake-toss-is-here-40dbfdc54638

As this is a quick fix, this vote will only be available for 24 hours.

Thanks for your understanding and your valued opinion, The Cake Monster Team

Off-Chain Vote

For
1.13B MONSTA98%
Against
8.77M MONSTA0.8%
Abstain
13.78M MONSTA1.2%
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Discussion

MONSTA - The Beast of BSCCMP-2022/5 - Temporarily Redirect iTax & Kitchen Rewards to Cake Toss

Timeline

Sep 22, 2022Proposal created
Sep 22, 2022Proposal vote started
Sep 23, 2022Proposal vote ended
Oct 26, 2023Proposal updated