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HalloweenBearsDAOHalloweenBearsDAOby0x8c37466aBd86897aD8EA9DFd1fe43cCA737102530x8c37…0253

Approving Tokenomics

Voting ended over 4 years agoSucceeded

As we are migrating to a new token $BERRIES, we are proposing an updated tokenomics.

Tokenomics on 5 year emissions:

Staking: 52,925,000 -Non-locked: 2 $SWEETZ/day – 10,000 bears for 5yrs = 36,500,000 -Locked: 3 $SWEETZ/day Bonus for Locked 1 Week Staking– 3,000 bears for 5 =16,425,000

Pool 2: 27,375,000 Single side: 5,475,000 = 85,775,000

The total supply will be 2x so that the DAO has 50% control over the supply = 171,550,000

Changes

  • Daily yield/token reduced by 50% for unlocked staking
  • Daily yield/token increased for locked staking (incentivize locked)
  • Reduced emissions duration from 10 years to 5 years
  • Increased Pool2 rewards by 10.3% of overall emissions (encourage LP)
  • Single sided staking introduced to reduce sell pressure

We have considered the suggestions and concerns from the community in this proposal to build a higher value token

Off-Chain Vote

Yes
562 99.8%
No
1 0.2%
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Timeline

Oct 30, 2021Proposal created
Oct 30, 2021Proposal vote started
Oct 30, 2021Proposal vote ended
Oct 26, 2023Proposal updated