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Fortress DAOFortress DAOby0xeB6B9b675280D79E3117AA37F48B222B36dDbE380xeB6B…bE38

FORT-0007: Reduce Rebase Rate

Voting ended about 4 years agoSucceeded

This is a proposal to reduce the rebase rate of FORT to either 0.25% or 0.1% (currently it is ~0.50).

This will reduce the dilution of FORT (reduce the rate of increase in total supply), and help increase the value of FORT tokens.

As market conditions improve and buy pressure increases we can consider increasing the rebase rate.

Off-Chain Vote

Reduce to 0.1%
80.88K 40.2%
Reduce to 0.25%
10.53K 5.2%
Keep Current (0.5%)
109.77K 54.6%
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Timeline

Jan 12, 2022Proposal created
Jan 12, 2022Proposal vote started
Jan 13, 2022Proposal vote ended
Oct 26, 2023Proposal updated