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[Team] Using Fund Proposals

Voting ended over 4 years agoSucceeded

Using Fund Proposals

After 12 October, we can withdraw about 570 BNB from MRAT LP. Here are some proposals we want to introduce to the community

Take a look at these considerations.

  • SMRAT's contract was renounced, so we can't change anything from the contract like exclude fee & the reward for exchange's wallets
  • Listing SMRAT on exchanges will not contribute directly to the BNB reward.
  • Marketing is costly and ineffective, while the reward pool is low. The large reward pool is what we need.
  • We reject creating short term hype like hiring rappers, KOL, shill tweets because they're expensive and unproductive for the long term.

Proposal 1: Transfer 95 BNB/month to BNB Reward Pool in 6 months

Proposal 2: Transfer 60 BNB/month to BNB Reward Pool in 9.5 months

Proposal 3:

  • Use 80 BNB for one exchange listing (suppose BNB price is $500)
  • Transfer 90 BNB/month to Reward Pool in ~ 5.4 months

Proposal 4:

  • Use 80 BNB for one exchange listing (suppose BNB price is $500)
  • Transfer 60 BNB/month to Reward Pool in ~ 8 months

Proposal 5:

  • Use 80 BNB for one exchange listing (suppose BNB price is $500)
  • Transfer 30 BNB/month to Reward Pool in ~ 16 months

Off-Chain Vote

Proposal 1
11.54T 15.1%
Proposal 2
11.46T 15%
Proposal 3
29.84T 39%
Proposal 4
11.74T 15.4%
Proposal 5
11.86T 15.5%
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Timeline

Sep 08, 2021Proposal created
Sep 08, 2021Proposal vote started
Sep 30, 2021Proposal vote ended
Oct 26, 2023Proposal updated