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FakeWorms StudioFakeWorms Studioby0x5b87102358a61BC9a6D32b20B121bbfd2A535C8d0x5b87…5C8d

What is your opinion on a new buyback strategy for rKITTEN?

Voting ended over 4 years agoSucceeded

Today current rKITTEN tokenomics proposes that 50% of our royalties will be directed to buyback $ burn and 70k rKITTEN is allocated to staking rewards.

The current proposal would allow us to run LP staking only for some limited amount of time (1 to 3 months) before staking rewards start to get "small" or none. (we can either start halving it or simply finish it with the current proposal)

We think of the new proposal where 25% of royalties remain burned but the other 25% instead of burning goes back to the staking reward pool, so we can benefit liquidity providers for a longer time

We'd like to hear the Kitten Holders opinion on this matter. This vote will not 100% determine our course of action, it will instead serve as input from what our community wants so we can make a decision with better information.

Vote on the alternatives that you are ok with! You can vote on more than 1!

Feel free to expand your ideas on this subject at our #rkitten-ama channel!

Off-Chain Vote

Burn 50% of rKITTEN royalties
6 11.1%
Burn 25%, send 25% to stake pool
48 88.9%
Download mobile app to vote

Timeline

Oct 20, 2021Proposal created
Oct 20, 2021Proposal vote started
Oct 23, 2021Proposal vote ended
Oct 26, 2023Proposal updated