HDX Staking APY

Voting ended almost 3 years agoSucceeded

Currently, there is no benefit to the project or the holders for staking on arbitrum since we are not verifying on-chain transactions. Staking adds 12.75 million HDX to the total supply per year. These emissions are airdropping daily HDX for free, leading to possible price suppression.

Eliminating staking before main net can reduce these unnecessary technical emissions and give the project more room for growth in the coming years.

Off-Chain Vote

0% APY

30.39M HDX78.5%

7.5% APY (unchanged)

8.3M HDX21.5%

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Timeline

Feb 09, 2023Proposal created

Feb 09, 2023Proposal vote started

Feb 13, 2023Proposal vote ended

Oct 26, 2023Proposal updated