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Paladin - PIPPaladin - PIPby0x009d13E9bEC94Bf16791098CE4E5C168D27A9f07figue.eth

PIP-XX: Restructuring Paladin - Migration

Voting ended 9 months agoSucceeded

TL-DR: • Migration Strategy: Over a two-year period, PAL holders can exchange their tokens for NEWTOKEN at a 10:4 ratio, with a slashing for direct liquidity ; • Token Supply: The total supply of NEWTOKEN is set at 20 million; • Deployment on Sonic; • Mass unlocking of hPAL lockers at migration start. • Immediate cessation of VoteFlywheel emissions.

Off-Chain Vote

Migration on Ethereum
0 hPAL0%
Migration on Sonic
1.12M hPAL52%
No migration
599.16K hPAL27.8%
Rework
435.19K hPAL20.2%
Abstain
0 hPAL0%
Quorum:220%
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Discussion

Paladin - PIPPIP-XX: Restructuring Paladin - Migration

Timeline

Apr 22, 2025Proposal created
Apr 22, 2025Proposal vote started
Apr 29, 2025Proposal vote ended
Jan 26, 2026Proposal updated