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LifeDAOLifeDAOby0xf64355CCb38874DBDAAe3d604D306A8bA2c8388a0xf643…388a

Governance v2.1

Voting ended over 3 years agoSucceeded

1- Governance v2.1

Creation of the gLF The gLF is the first step in the transition to v2 governance. You can mint gLF by depositing sLF at a ratio calculated below 1 gLF = Current INDEX sLF (146.03 sLF for the moment) you can refer to the white paper to understand what the current index is You can burn the gLF at any time to receive the sLF that have been autocompounded.

Creation of the veLF, Users can lock their gLF for a period of 1 week to 4 years. The longer the lock duration, the more power to vote. This gives more power to the holders who will be encouraged to vote for the long term.

2- NO CHANGE

The project continues in the same way, the cash will continue to be invested in yield farming

3- Relaunching a redistribution vote

A new vote redistribution will be proposed with updated data. The liquidity will be cut, until the end of the redistribution vote.

Off-Chain Vote

1- Governance v2.1
1.3K sLF28.4%
1- No change
3.25 sLF0.1%
3- Making a redistribution vote
3.26K sLF71.5%
Download mobile app to vote

Timeline

Nov 10, 2022Proposal created
Nov 10, 2022Proposal vote started
Nov 15, 2022Proposal vote ended
Oct 26, 2023Proposal updated