• © Goverland Inc. 2026
  • v1.0.8
  • Privacy Policy
  • Terms of Use
Bag.winBag.winby0x68B7Cc7e23D49923DcfF5e8597Df465F7a101Ada0x68B7…1Ada

Stake ICE for SHINE

Voting ended over 3 years agoFailed

Many owners sell ICE on a daily basis as they expect little extra demand for ICE in the near future and they have no need/desire to spend ICE to upgrade wearables. This proposal incentivises ICE owners to not sell ICE, rewards loyalty and helps stabilise ICE.

Proposal:

  • Introduce the option for owners to stake ICE for SHINE
  • Staking ICE generates around 50% APY or another % to be set by the team
  • Daily pay-out of this return will be made in SHINE (100 ICE = 1 ICE)
  • No lock-up periods

Benefits:

  • Give an immediate incentive to loyal ICE hodlers to not sell ICE
  • Rewards loyal ICE hodlers with playing SNGs for free
  • Increases the number of SNG players
  • Does not cause direct extra ICE inflation
  • Offers new players the option to play SNGs for free by buying and staking ICE (a very friendly, low risk, way of playing poker)

Negatives:

  • Less SHINE to be bought by current owners holding ICE (probably a limited effect)

Off-Chain Vote

Yes
589.92K xDG45.5%
No
707.16K xDG54.5%
Quorum:13%
Download mobile app to vote

Timeline

Oct 05, 2022Proposal created
Oct 05, 2022Proposal vote started
Oct 08, 2022Proposal vote ended
Oct 26, 2023Proposal updated