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MintoDevMintoDevby0xfccAe50C2372A3105993bBD6D6aA8c8aAD5238e1mintotestnet.eth

VOTE#8. About the ACH Switching to 100% Mining Hardware Uptime Mode

Voting ended almost 2 years agoSucceeded

Google Forms BTCMT.png

The question about the possibility of switching to the 100% mining hardware uptime mode often comes up in the Minto community. 

We suggest considering a switch to the 100% uptime mode of the actively used 28,500 TH/s of hashrate, which provides mining rewards to Minto holders under staking and Autofarm v2 contracts. As a clear example of the potential benefit/loss from uptime mode change, the Minto team calculated the possible future profitability per unit of hashrate of 1 TH/s = 100 BTCMT:

What is required for this to work?

Voting on the blockchain will take place @ https://vote.minto.finance/#/ Voting period: 01/02/2024 to 05/02/2024 03:00 PM UTC(+04). Over 51% "YES" votes are required to implement changes. If over 51% of the votes are "YES" votes, the changes will come into force on 05/02/2024 and we’ll begin to implement the scenario described in the “How will it work?” section. The weight of your vote will be proportionate to the number of tokens you own. You’ll be able to vote even if your tokens are currently on staking and Autofarm smart contracts. Connect your wallet, choose an option and vote. If you have trouble voting or would like to know more details - read the article and join our Telegram community

Off-Chain Vote

Yes
9.47K BTCMT35.3%
No
17.39K BTCMT64.7%
Download mobile app to vote

Timeline

Mar 15, 2024Proposal created
Mar 15, 2024Proposal vote started
Mar 18, 2024Proposal vote ended
Oct 21, 2024Proposal updated