Background:

After 3 new layers from refinery launch, Midas Gold has achieved notable results. The Gold Commission has been proving to be effective to help strengthen MDG. To continue to keep $MDG moving forward in the right direction, bringing more benefits to MDG holders in the long term and still keep MDGn attractive enough for short term play, we are seeking MDG community opinion on the burn ratio of MDG accumulated at the MDGn bridges. The reason is that if we keep the burn ratio high, we have to keep MDGn emission rate low, and that makes MDGn not attractive to new participants.

Proposal:

We would now like to seek the community's opinion on the plan below by voting on the Burn Ratio that they see as most appropriate and can help balance the long term growth and short term plays. The blockchain snapshot for voting rights will be only for $MDG holders

The burn rate up for voting:

50% of MDG at the bridge of MDGn will be burned (Current Policy) 30% of MDG at the bridge of MDGn will be burned 20% of MDG at the bridge of MDGn will be burned 10% of MDG at the bridge of MDGn will be burned 5% of MDG at the bridge of MDGn will be burned

Voting procedure:

Voting time: Voting closes at 10:00:00 AM April 20, 2021 GMT+8 Snapshot at block 6716000

To all MDG holders, please make your voice heard. Vote now!