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REI  NetworkREI Networkby0xAdfe2F50E861502A3a7dA677B3652bd25a944eE00xAdfe…4eE0

#REI DAO #3 Proposal #REI Network Foundation-supported Staking for Encouraging Validators

Voting ended over 3 years agoSucceeded

Summary

Considering the current voting willingness and the situation of no APY in the early stage,  it is urgent that a "first push" in the network to promote the rapid growth of the staking amount in order to maintain network security and stability. This proposal will provide a solution to this problem from the perspectives of applicability and fairness.

The proposal aims to use part of Ecosystem Foundation for temporary network voting to ensure that the staked amount is 100 million. 25%(25 million $REI) of the votes support from the foundation will be for the early nodes, 75% (75 million $REI) will be for the other nodes. After the staked amount could ensure network security, that is, it exceeds 100M (recommended 130M), the token staked by the foundation will be exited in stages and in an orderly manner.

On the premise of network fairness, the proposal will help the staking amount meet minimum requirements, as well as accelerating the completion of the node construction, speed up the voting from the community, and increase the staking amount of the entire network.

All details of our proposal can be found here: https://forum.rei.network/t/consensus-check-rei-dao-3-proposal-rei-network-foundation-supported-staking-for-encouraging-validators/92

Off-Chain Vote

Yes, I support the proposal
18.68M REI100%
No, I don't support the proposal
1 REI0%
Abstain
0 REI0%
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Discussion

REI  Network#REI DAO #3 Proposal #REI Network Foundation-supported Staking for Encouraging Validators

Timeline

Aug 10, 2022Proposal created
Aug 10, 2022Proposal vote started
Aug 15, 2022Proposal vote ended
Oct 26, 2023Proposal updated