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ModefiModefiby0x98B35cce708d76274d82d57AB0671a8f012E2b9b0x98B3…2b9b

How should we proceed with Staking?

Voting ended over 4 years agoSucceeded

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
32.01K 6.4%
Keep FTM add Matic
226.45K 45.1%
Keep BSC add Matic
35.45K 7.1%
Add Matic - Reduced Rewards
151.3K 30.1%
Only Fantom Staking
594.55 0.1%
Only BSC Staking
686.47 0.1%
Only Matic Staking
55.47K 11.1%
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Timeline

Jun 29, 2021Proposal created
Jun 30, 2021Proposal vote started
Jul 07, 2021Proposal vote ended
Oct 26, 2023Proposal updated