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Pine ProtocolPine Protocolby0x2eDcF603cf7338088b0bdd817a9A3afE23bfc2a20x2eDc…c2a2

[PIP-15] Pine Team Token Emission Adjustment Proposal

Voting ended over 2 years agoSucceeded

In alignment with the sustained growth and realization of Pine's community vision, the proposal suggests a pushback of the team tokens emission period, delaying it by a minimum of 6 months, targeting a new date no earlier than February 9th, 2024.

This adjustment aims to further reduce the inflationary nature of the Pine tokens.

The revised emission schedule is as follows:

  1. The initial unlock will be 2% in the first month.
  2. Subsequently, a linear unlock of the remaining 98% will take place from the second month up to the twenty-ninth month.

This adjustment aims to further strengthen the community and the overarching vision of Pine.

TeamEmission.png

Off-Chain Vote

Yes
98.74K govPINE100%
No
0 govPINE0%
Abstain
0 govPINE0%
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Timeline

Sep 13, 2023Proposal created
Sep 13, 2023Proposal vote started
Sep 16, 2023Proposal vote ended
Oct 26, 2023Proposal updated