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FHM DAOFHM DAOby0xd8E86D6855317f3CB73dFe4C301533cA4213EA860xd8E8…EA86

To create a penalty system for taking staking rewards to early.

Voting ended almost 4 years agoSucceeded

This project is quite amazing and the last thing that we need is for the protocol to fail because of individuals who just want to make a quick buck or fast money. As we have seen with other staking daos before, the project tanks when there is not a penalty or locked system set in place to keep the protocol from crashing. I believe in this project long term and i would love see this action taken as soon as possible before the projects gains more people.

I vote that the penalty fee should go like this

Day 1 -7 removal= 20% of FHM Day 7-14 removal = 15% of FHM Within a 1-2 months Removal = 10% of FHM Within 2-6 months removal = 5% of FHM Within 6- 11 months removal = 2% of FHM After 1 year removal = 0.2%

The penalty fee should go towards the FHM holders who are staking. to incentivize long term holding

Off-Chain Vote

Yes
5.05K 29.7%
No
11.94K 70.3%
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Timeline

Jan 31, 2022Proposal created
Jan 31, 2022Proposal vote started
Apr 30, 2022Proposal vote ended
Oct 26, 2023Proposal updated