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EMDX EMDX by0x9aDcDa915C1a7154b454BcD7383251261DaE10800x9aDc…1080

Proposal on further tokenomic details: Trading and token holding incentives

Voting ended over 3 years agoSucceeded

This proposal goes into further details over EMDX tokenomics, focusing on the following subjects:

  • Distribution system adjustment.
  • Setting competitive incentives by: decreasing protocol transaction fees and distributing platform fees.
  • Looking for a balance between trading and token holder reward systems.
  • Specifying staking conditions in order to accomplish strategic objectives.

Background One of the critical points for tokenomics design is the ability to incentivize the community to engage with the protocol in a healthy, sustainable way.

EMDX protocol mainnet launched on June 20th 2022, and since then it has been proven that its platform offers the highest quality standards. This lays the groundwork for moving forward with the design of the incentive system.

Off-Chain Vote

Yes
668.39K EMDX99.7%
No
2.01K EMDX0.3%
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Discussion

EMDX Proposal on further tokenomic details: Trading and token holding incentives

Timeline

Sep 19, 2022Proposal created
Sep 19, 2022Proposal vote started
Sep 22, 2022Proposal vote ended
Oct 26, 2023Proposal updated