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Modefi - FTM / BSCModefi - FTM / BSCby0x98B35cce708d76274d82d57AB0671a8f012E2b9b0x98B3…2b9b

How should we proceed with staking?

Voting ended over 4 years agoSucceeded

This is for $MOD holders / stakers on the Fantom and BSC networks only. Snapshot was taken on the same block as Ethereum voting to reduce the risk of double votes.

Ethereum network voting has concluded and can be seen here https://dao.modefi.io

Below are the options for the $MOD Staking Proposal

  1. Keep staking on Fantom and BSC Networks as is
  2. Keep staking on Fantom and add Matic / Polygon (removing BSC)
  3. Keep staking on BSC and add Matic / Polygon (removing Fantom)
  4. Add Matic / Polygon staking and reduce rewards across all networks
  5. Only support staking on Fantom
  6. Only support staking on BSC
  7. Only support staking on Matic / Polygon

Please keep in mind supporting too many networks for LP staking may cause a dilution of liquidity across all platforms, we have added it as an option since we are leaving it up to the community to make the best decision for the majority.

For more details regarding Governance Proposals please see the recent announcement https://medium.com/@modefi/modefi-dao-governance-5cec5c05612

Off-Chain Vote

Keep FTM and BSC as is
53.52K 26.3%
Keep FTM add Matic
95.94K 47.1%
Keep BSC add Matic
24.61K 12.1%
Add Matic - Reduced Rewards
5.7K 2.8%
Only Fantom Staking
0 0%
Only BSC Staking
0 0%
Only Matic Staking
24.07K 11.8%
Download mobile app to vote

Timeline

Jul 09, 2021Proposal created
Jul 09, 2021Proposal vote started
Jul 14, 2021Proposal vote ended
Oct 26, 2023Proposal updated