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Kannagi FinanceKannagi Financeby0x9Ee271d12107Ca5105a1c5C6DA4BB964C8faF39Ekannagivote.com

The Kannagi team has put forward a community proposal to halve the additional 30-day genesis

Voting ended over 2 years agoSucceeded

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Hello everyone, we are the development team of Kannagi Finance. Just like each one of you, we are deeply invested in the ecological development of Kannagi. Like every investor, we also highly value the KANA token's worth. We have noticed the proposal for an additional 30 days of genesis and an extra 9 million KANA token reward. Our development team has discussed this proposal extensively, and we unanimously believe that extending the genesis by 30 days would have significant negative impacts on the liquidity and value of KANA, despite being fairer for new investors.

Therefore, the Kannagi development team would like to present a milder and more conservative proposal: we propose extending the genesis by 15 days instead of 30, and reducing the extra KANA amount from 9 million to 4.5 million. This way, Kannagi can continue providing a stable income platform for the zkSync ecosystem without causing major negative consequences for KANA holders. We believe that this proposal also serves as a positive measure for new investors joining the Kannagi community. If this proposal is rejected, we will proceed with the previous community proposal, and we encourage everyone to discuss this proposal. Of course, the Kannagi Finance team will continue working hard to bring more products and value to Kannagi.

Off-Chain Vote

Pass
7.92K veKANA100%
Veto
0 veKANA0%
Quorum:791700%
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Timeline

Jul 12, 2023Proposal created
Jul 12, 2023Proposal vote started
Jul 14, 2023Proposal vote ended
Oct 26, 2023Proposal updated