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Bag.winBag.winby0x1D91Dfd6a4796E7E0A27AFEe87f437eC505Cd096TheLord

Curtail the Halving

Voting ended about 2 years agoFailed

Halving should be directly tied to how well the burn is going. If the ICE burn is below 1x we should do 50% halving, if it is above 2x we do 25% “halving”. We calculate the numbers in between. The time period to look will be from the previous halving to the day of the halving (6months), including with purchases.

The idea behind this proposal is the following: If the ecosystem is healthy and growing on a good rate, where we are having a good burn ratio, rewards from the metaverse do not need to have such a drastic decrease. Rewards will still fall as time goes by, and the halving will still play its part for the reason it was created, it will just go slightly slower, if burn ratio is satisfactory.

Off-Chain Vote

YES
6.75M xDG84.9%
NO
1.2M xDG15.1%
Quorum:80%
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Timeline

Dec 13, 2023Proposal created
Dec 13, 2023Proposal vote started
Dec 26, 2023Proposal vote ended
May 15, 2025Proposal updated