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Polychain MonstersPolychain Monstersby0x0fAFB722Ff53A4eEd3d20ad5c8A6C742f594EbFC0x0fAF…EbFC

Rainbow Token Distribution via Collector Staking

Voting ended almost 4 years agoSucceeded

We are moving towards the Rainbow Fusion release and still have some open decisions that have to be made. On one hand, we have the Rainbow token ($PMR) distribution that has to be decided upon, and on the other hand, the rarity score of the Rainbow Monsters themselves. We would like to focus on the former topic for this voting session.

Background Information

To fuse Rainbow Monsters, you’ll need to pay 100 $PMR (Rainbow) tokens as a fee. As there will be a total supply of 2,500,000 tokens, the Rainbow monsters collection has a maximum size of 25,000 monsters. These can be acquired in a similar fashion to our previous features, such as via Collector Staking or a dedicated $PMON - $PMR farm. We would like to give the community the final say as to the ultimate distribution of the $PMR token via Collector Staking in order to balance it properly.

Voting

Voting will be single choice, meaning that each voter may only choose his or her single favorite option. The majority choice preference will be declared the winner. This means that the vote with the absolute majority of vote points wins. Vote points for each voter consist of their amount of $PMON tokens, Polymon, and Collect to Earn score.

Voting Options

We offer the following two options in this round of single-choice voting:

  • 20% (500,000 token) of the total supply of $PMR token with 6 months vesting Example: If you maintain a 0.01% share of the collector staking points pool (currently ~100k points), you will receive ~208.33 $PMR per week (a total of ~5k $PMR over the 6 month period).

  • 40% (1,000,000 token) of the total supply of $PMR token with 24 months vesting Example: If you maintain a 0.01% share of the collector staking points pool (currently ~100k points), you will receive ~104,16 $PMR per week (a total of ~10k $PMR over the 24 month period).

Please vote for your preferred option below. Thanks!

Off-Chain Vote

20% of $PMR token for 6 months
288.7K Points32%
40% of $PMR token for 24 months
614.76K Points68%
Download mobile app to vote

Timeline

May 04, 2022Proposal created
May 04, 2022Proposal vote started
May 11, 2022Proposal vote ended
Oct 26, 2023Proposal updated