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Haze FinanceHaze Financeby0xAA8167f3293feEf413C8963E747936814069e0a40xAA81…e0a4

Haze Finance 2.0 Volume Mining

Voting ended almost 5 years agoSucceeded

Hi guys, Haze Finance Team is proposing to upgrade Haze Finance to 2.0. In the upgraded Haze Finance, there will be two major changes taking place :

  1. Volume Mining
  2. DEPT For more details regarding these two newly added features please refer to this Medium article here: https://hazefinance.medium.com/introducing-haze-finance-2-0-worlds-first-decentralized-privacy-tokens-protocol-f04a3e7898a1

Since this is quite a lot of changes, the upgrade will be split into two parts, first Volume Mining, then DEPT. So this governance proposal is ONLY voting for whether or not to pass Volume Mining, not for the passing of DEPT (DEPT voting will take place in a separate governance proposal).

And here are the proposal details: We propose to finish the entire Volume Mining in the duration of 4 years. In order to do this, we will have to increase the current max HAZE supply. Currently, we capped the HAZE tokens supply at 1 million tokens maximum, which is not enough for Volume Mining. Therefore we will have to mint more HAZE tokens. Here are a few options for Haze community members to choose from

  1. No, don't do Volume Mining

  2. Yes mint 1 million extra HAZE (this means Volume Mining will give out 684 HAZE per day as rewards)

  3. Yes, mint 2 million extra HAZE (this means Volume Mining will give out 1370 HAZE per day as rewards)

  4. Yes, mint 5 million extra HAZE (this means Volume Mining will give out 3425 HAZE per day as rewards)

  5. Yes, mint 9 million extra HAZE (this means Volume Mining will give out 6164 HAZE per day as rewards)

Thank you all.

Off-Chain Vote

No, don't do Volume Mining
1.93K 9.9%
Yes, mint 1 million extra HAZE
16.03K 82.7%
Yes, mint 2 million extra HAZE
1.44K 7.4%
Yes, mint 5 million extra HAZE
0 0%
Yes, mint 9 million extra HAZE
0 0%
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Timeline

Apr 28, 2021Proposal created
Apr 28, 2021Proposal vote started
May 02, 2021Proposal vote ended
Oct 26, 2023Proposal updated