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HashflowHashflowby0xfca9A2F04ea5bf0dB0d20a5B1931EF7073d5411C0xfca9…411C

Terminate vesting of HFT to NFT holders who hold less than 20% of claimed HFT

Voting ended about 3 years agoSucceeded

Terminate vesting of HFT immediately to NFT holders who held or staked less than 20% of the HFT that they claimed from Dec 7, 2022 to Dec 19, 2022. Exempted wallets are those that held or staked at least 40% of the HFT that they claimed over the first 30 days post-TGE (Nov 7, 2022).

Benefits (Pros):

  • Eliminate significant and recurring sell pressure on HFT
  • Use tokens to instead support protocol and community growth and development
  • Create a healthy ecosystem that attracts others to hold HFT and participate in governance

Downside (Cons):

  • Upset NFT holders who have already profited at the expense of the protocol

Voting:

  • “Yes” to terminate HFT vesting for NFT holders that fit the criteria
  • “No” to continue HFT vesting for NFT holders that fit the criteria

Off-Chain Vote

Yes
4.04M HFT73.9%
No
1.42M HFT26.1%
Quorum:547%
Download mobile app to vote

Discussion

HashflowTerminate vesting of HFT to NFT holders who hold less than 20% of claimed HFT

Timeline

Dec 25, 2022Proposal created
Dec 26, 2022Proposal vote started
Dec 31, 2022Proposal vote ended
Oct 26, 2023Proposal updated