JERC launch proposal 1 of 2

The Jiaozi Emission Reduction Contract (JERC) is an automated farmer within the Jiaozi ecosystem. It can stake in an exclusive pool, but cannot unstake, and cannot claim any rewards. This effectively traps Jiaozi earned per block, thus reducing the token emission rate.

This vote is for the target reduction rate. There is a separate vote (2 of 2) for the strategy used to reach this target (duration, number of reductions).

Vote for a percentage reduction to total Jiaozi emissions. At 1000 Jiaozi per block, a 10% reduction would mean 100 Jiaozi are locked in the JERC every block.

If results of this proposal are close, then an average may be taken.

If you'd like better choices, then please argue your case in our telegram.

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