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Hydranet DAOHydranet DAOby0x842b5Cef406bE23E59A7Cf9B0f48DDd6C7D886Fa0x842b…86Fa

Tokenomics - HDX DAO Vote #11

Voting ended over 3 years agoSucceeded

The previous vote ended quite clear: YES, re-distribute fees: 90.88% NO, let these funds vanish: 9.12%


One team member, Beljora, came up with a new idea:

Stakers can claim their fees at any time, but after a period of 1 year, the multisig can claim the fees as well. The 1-year countdown resets every time fees are claimed by the Staker, but will not reset if claimed by the Multisig.

The team will claim the fees, buy HDX with it, then send the HDX to Staker’s address. All transaction fees for this process will be taken out of the ETH claimed by Multisig.

The purpose is to continue to help the protocol in the case an address has become inactive, while still giving the Staker custody over earned fees.

As the initial reaction of the community was very positive, we will include this option too.

This leads to the following question: After what time period should the security measure become active, or alternatively Beljora's idea?

A 3 months B 6 months C 12 months D 2 years E Beljora's idea

The voting period ends in circa 5 days.

Off-Chain Vote

3 months
6.25M HDX37.6%
6 months
20.42K HDX0.1%
12 months
579.33K HDX3.5%
24 months
0 HDX0%
Beljora's idea
9.75M HDX58.7%
Download mobile app to vote

Timeline

Jul 01, 2022Proposal created
Jul 01, 2022Proposal vote started
Jul 05, 2022Proposal vote ended
Oct 26, 2023Proposal updated