This proposal seeks community approval to lower staking rates by adjusting daily emissions to 2.5M XCN, with the goal of eliminating farming arbitrage via futures markets and promoting a healthier, more sustainable long-term ecosystem.
Current staking dynamics create opportunities for short-term arbitrage that distort the market and undermine the value of long-term participation. By reducing emissions to 2.5M per day, we aim to discourage exploitative strategies while preparing for the rollout of more robust locked staking mechanisms.
If approved, the DAO will implement the new emission rate as an interim measure to:
• Disincentivize yield farming arbitrage with derivatives • Promote organic staking aligned with long-term growth • Support market sustainability until locked staking is in place
This change is intended to align incentives with the project’s long-term vision and ensure fairer distribution of rewards among committed participants.
Off-Chain Vote
Loading…
- Author
0xec39…9708
- IPFS#bafkreid
- Voting Systembasic
- Start DateJun 20, 2025
- End DateJun 22, 2025
- Total Votes Cast256.08M XCN
- Total Voters14
Timeline
- Jun 19, 2025Proposal created
- Jun 20, 2025Proposal vote started
- Jun 22, 2025Proposal vote ended
- Jun 22, 2025Proposal updated