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Impossible FinanceImpossible Financeby0x5b3Ed6068d0a16BB008d4F10d10f9f6EB84672A50x5b3E…72A5

[GEP-0014] Impossible Launchpad Unlimited Staking Pool Adjustment

Voting ended over 3 years agoSucceeded

What is the problem / opportunity? This proposal aims to set out the general framework for future Impossible Finance Launchpad Unlimited Staking Pool to be adopted by the DAO.

What is the proposed solution?

The Impossible community has been supporting projects and launches for over a year. To adjust to the demand of the community of IDIA and loyal launchpad users and align with the sustainable goal of Impossible Finance, we propose the change of staking tokens of Unlimited Staking Pool from IDIA to vIDIA.
Impossible Finance Launchpad Unlimited vIDIA Staking Pool Facilitates Sustainable Growth of the Impossible Finance Ecosystem

Changing Impossible Finance Unlimited Staking Pool token from IDIA to vIDIA

  • Realizing an increasing demand for staking IDIA in Impossible Finance Unlimited Staking Pool
  • Create more favourable staking scenario for the Impossible Community
  • With reference to staking and holder statistics, changing staking tokens to vIDIA for Impossible Finance unlimited Staking Pool would be optimal for the growth of Impossible Finance Launchpad
  • Reward loyal and long term supporters of Impossible Finance

Key milestones / timeline

Upon the approval of this proposal, and subsequently, Impossible Finance will change the staking token for Impossible Launchpad unlimited Staking Pool from IDIA to vIDIA according to the voting results. This allows users to prepare for the coming launches.

Benefits to token holders and community members This change will change the staking token for Impossible Launchpad unlimited Staking Pool to vIDIA and empower sustainable growth for Impossible Launchpad.

Off-Chain Vote

Approve proposal
98.13K IF80.7%
Reject proposal
23.44K IF19.3%
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Timeline

Aug 13, 2022Proposal created
Aug 14, 2022Proposal vote started
Aug 17, 2022Proposal vote ended
Oct 26, 2023Proposal updated