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Reimagined FinanceReimagined Financeby0x4Cb93EB88cFC55F364e9300254003d34c28cAc9Dreimaginedfinance.eth

Tax Structure Change Q1 2022 pt.2

Voting ended almost 4 years agoSucceeded

Continuation of pt.1: (https://snapshot.org/#/reimaginedfinance.eth/proposal/0x30950365e58e2b124e4b0600b0fdc3d28626c61bb4de3cb688d93fe8e846b58e)

Majority of the voters have decided to have reflections turned back on. In this part of the vote, we will decide the portion of the tax that is immediately reflected to current holders.

The vote will be simple. But first, the assumptions. We will assume the LP and treasury tax (let's call them together Operational tax) to be the total tax minus reflections tax.

Total tax (12%) = Reflections (x%) + Operational tax (12 - x%)

  • Total tax may be different in the future, but for all intents and purposes we will lock this at 12% until further notice.
  • Tax is symmetrical, which means there is no difference of structure between buy/sell tax.
  • Reflection tax will not be higher than Operational tax due to its incentive nature, rather than the main point of interest for the token.

With that in mind, we will present you with 5 options for you to pick. The voting method is quadratic voting, so you can put weights on your choices.

R = Reflections O = Operation tax

We will strictly use the option with majority vote, so please distribute the weights carefully.

Please note that the change will be implemented as scheduled, but we have no scheduled plans yet to change it again. The milestone based voting schedule was too unpredictable, but a regular voting schedule will not be a good user experience. Do let the team know about what you think in our community channels.

Happy voting!

Off-Chain Vote

1% R - 11% O
19.18K REFI0%
2% R - 10% O
6.22M REFI3.5%
3% R - 9% O
5.12M REFI2.9%
4% R - 8% O
1.04M REFI0.6%
5% R - 7% O
165.74M REFI93%
Quorum:178%
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Discussion

Reimagined FinanceTax Structure Change Q1 2022 pt.2

Timeline

May 01, 2022Proposal created
May 01, 2022Proposal vote started
May 04, 2022Proposal vote ended
Oct 26, 2023Proposal updated