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HoichiHoichiby0x531A7FA1796EdE9597EF41A7C86784741B546C030x531A…6C03

V2 Staking and $xHOICHI Creation / Implementation

Voting ended about 3 years agoSucceeded

This proposal is to implement v2 staking and create the $xHOICHI voting token, and implement its functionality for staked holders.

Components of this proposal:

  • Lock periods with fixed APR
  • Auto-compounding
  • $xHOICHI token creation
  • $xHOICHI build into staking contract to automatically match the amount of $HOICHI a wallet owns in the staking pool. This will autoadjust to reflect token balance as rewards accumulate and/or withdrawals are made.

Lock periods with APR is as follows:

No lock: 7-9% 7 days: 30% 15 days: 40% 30 days: 50% 365 days: 70%

Cost for the above is 3.5eth

TG is @bsco4321

Off-Chain Vote

Approve
5.72B HOICHI100%
Disapprove
0 HOICHI0%
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Timeline

Feb 02, 2023Proposal created
Feb 02, 2023Proposal vote started
Feb 04, 2023Proposal vote ended
Oct 26, 2023Proposal updated