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Dracula ProtocolDracula Protocolby0x7Fb7e28B8bbbA6A0C28c8Ac6a522C2FEFe44ee960x7Fb7…ee96

VASTLY IMPROVED DRAIN

Voting ended about 5 years agoSucceeded

To solve the problem of people unstaking from drc liquidity pool 5% penalty on unstaking. All penalties are withdrawn from liquidity pool. The drc is burned. The Eth is used to market buy Drc (which is also burned)

To solve the problem of people selling drc as its rewarded: New pool feasting pool. 10% of all eth is redirected to feasting pool. Feasting pool has the 5% unstake penalty.

To assist in burning: New pool hoarders pool. Stake drc (and drc only) to get eth rewards. 10% of all eth rewards are given to this pool. 5% unstake+burn penalty.

To assist in price appreciation: 80% of all eth is used to market buyback and burn drc.

Off-Chain Vote

YES
47.05K 16.1%
No
245.3K 83.9%
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Timeline

Nov 03, 2020Proposal created
Nov 03, 2020Proposal vote started
Nov 18, 2020Proposal vote ended
Oct 26, 2023Proposal updated