Proposal for 45-day matching rewards and fast start rewards qualification period.
Overview When a user purchases their first NFT they have 30 days to qualify for matching and fast start rewards.
This was increased to 90 days (for 180 days) on June 4, 2023, after this DAO vote: https://dao.metfi.io/#/proposal/0x70f1188385d27502d90653c3db5b9c00e24e189237c65cccb6723d5abeff855d
The 180 days expire on December 1, 2023, at 23:59:59 UTC and is due to revert back to 30 days.
However, we think it would be great for everyone if this was increased to 45 days, for another 180 days.
Motivation
Encourage and motivate new users by giving them more time to qualify for these two rewards with the potential to receive more fast start rewards seeing they would have 15 more days to receive this reward.
Process
If this vote passes in 48 hours a parameter change will be made in the system and this will take another 48 hours to come into effect due to our 48-hour treasury multi-sig time lock – once that time has passed and the change deployed all newly minted NFTs will have 45 days to qualify.
If the vote doesn’t pass the qualification period will revert back to 30 days.
While this vote and 48-hour multi-sig is processing the qualification period will remain 90 days.
Vote Discussion
Join the discussion on this proposal in the MetFi DAO Discord and head over to the #vote-discussion channel.
Proposal
If the community approves this proposal – the DAO will increase the qualification period to 45 days.
Please vote for 45 days to approve this proposal.
Off-Chain Vote
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- Author
MetFi
- IPFS#bafkreid
- Voting Systemquadratic
- Start DateNov 30, 2023
- End DateDec 02, 2023
- Total Votes Cast3.28M METFI
- Total Voters305
Timeline
- Nov 30, 2023Proposal created
- Nov 30, 2023Proposal vote started
- Dec 02, 2023Proposal vote ended
- May 02, 2025Proposal updated