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GenomesDAOGenomesDAOby0xd53C79fF8c473bbFE4E40e5525D4d24fD4b8534c0xd53C…534c

$GENOME single staking APY for free genomic sequencing kits

Voting ended about 1 year agoSucceeded

Following the rapid growth of the number of genomic sequences in vaults on our infrastructure, we would like to make sure that all those active in our community can also benefit from the many advantages of being a vault holder.

To further boost that number for our users, we want to reward GENOME single stakers who haven't had their genome sequenced. This will allow solo stakers to participate in the platform at no cost.

We would like to gauge the community on what an appropriate APY

For example, if we set an Annual Percentage Yield (APY) of 100% for staking $GENOME. This means that over the course of a year, you’ll earn rewards equal to the amount of $GENOME you’ve staked. e.g:

If you stake 10,000 $GENOME, you’ll earn the equivalent of 10,000 $GENOME in rewards after one year. At a price of $0.03 per $GENOME, this staking yield is equivalent to $300

The proposal is the following

Please vote 50% if you think the APY should be 50% per annum Please vote 75% if you think the APY should be 75% per annum Please vote 100% if you think the APY should be 100% per annum

Off-Chain Vote

50%
1.89M GENOME Votes69.1%
75%
707.82K GENOME Votes25.9%
100%
136.31K GENOME Votes5%
Quorum:273555%
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Timeline

Feb 13, 2025Proposal created
Feb 13, 2025Proposal vote started
Feb 18, 2025Proposal vote ended
Feb 18, 2025Proposal updated