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FATExDAOFATExDAOby0xD8189e32771Ab8114f24eB5E3ACb5040BB8C7086fatexdao.eth

FATExFi Reward Schedule Range E0

Voting ended over 3 years agoSucceeded

This proposal seeks reconfirmation for DAO treasury to adjust the rewards schedule for the first epoch of a blockrate multiple of x0.01 to x4. This is to ensure efficient token use and meet the target APR range and applies to the first epoch (epoch 0 - "E0")

Please reference this page in the documentation for the current rewards schedule we intend to use for launch.

https://bit.ly/3lVwdJi

The reward schedule will need to be adjusted to try and ensure 50-100% "APR" for the primary pool: FATE-USDC.

FATE is a governance token, FATExFi is a DAO DApp that will become the platform for the products and services we will create. The dex/yield farm model, with proper tokenomics is suitable. The price of FATE is impossible to predict nor should it have a value until it is converted into a regulated, dividend-paying security token.

We want DAO members for the long-term that understand the potential of what we're building (i.e. Fxd) and who are committed to a multi-year plan/vesting period.

We do not want to regularly adjust the reward schedule as we did on Harmony One.

Off-Chain Vote

Approved
89.16M FATE100%
Not Approved
0 FATE0%
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Timeline

May 29, 2022Proposal created
May 29, 2022Proposal vote started
May 31, 2022Proposal vote ended
Oct 26, 2023Proposal updated