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FATExDAOFATExDAOby0xD8189e32771Ab8114f24eB5E3ACb5040BB8C7086fatexdao.eth

Pre-Launch Locked Rewards (from FATE Harmony) price check timing

Voting ended almost 4 years agoSucceeded

This proposal is meant to decide the maximum intervals take a FATE "price-check" as it relates to the disbursement requirement of the pre-allocated FATE MATIC that will be released to FATE Harmony holders.

The value needs to exceed the last value of FATE Harmony by at least 50%.

Since we are going to be using an automatic, block-rate-based unlocking feature for the release of any locked rewards on FATExFi we will not be able to adjust the amount being released without a manual change.

The +50% value floor to not trigger a 1:1 disbursement switch is designed with room for this, so long as there is no significant drop.

We propose that a price check be required to not exceed a time frame of one week (based on the MATIC blockrate, starting at the commencement of the locked rewards release block height)

Please vote:

  1. yes - you approve a once-per-week check at a designated time
  2. no - it should be more frequent
  3. no - it should be less frequent

Off-Chain Vote

Yes - once a week is fine
90.06M FATE100%
No - more frequent
0 FATE0%
No - less frequent
0 FATE0%
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Timeline

Apr 09, 2022Proposal created
Apr 09, 2022Proposal vote started
Apr 14, 2022Proposal vote ended
Oct 26, 2023Proposal updated