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Shell ProtocolShell Protocolby0x9ECe8B44EEF88F88DB4775A3128AfAB4357cBA2f0x9ECe…BA2f

CRAB VOTE: What Percentage of $SHELL Should be Unlocked at TGE?

Voting ended over 2 years agoSucceeded

This is a Ranked Choice Vote to determine the percentage of $SHELL tokens to be unlocked at the Token Generation Event (TGE). For this vote, participants must select all available options, ranking them from their most preferred to least preferred percentage. The range available is from 0% to 20%, in increments of 5%. The winning percentage will be determined through the Ranked Choice Elimination process. Please note, votes are weighted at one vote per crab.

Whatever result is chosen by the community, this percentage of each $CRAB-holder's $CRAB will be immediately able to convert from Crab Tokens to freely tradable and stakable $SHELL upon TGE. The rest of the user's $CRAB will be converted into a 2 year, linear vesting stream of $SHELL tokens.

Note: Your participation in this vote is pivotal for this upcoming phase of Shell Protocol's journey post TGE. Ensure your voice is heard by casting your vote with care.

Off-Chain Vote

0%
4.8M CRAB54.6%
5%
21.78K CRAB0.2%
10%
129.45K CRAB1.5%
15%
17.49K CRAB0.2%
20%
3.82M CRAB43.5%
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Timeline

Oct 31, 2023Proposal created
Oct 31, 2023Proposal vote started
Nov 03, 2023Proposal vote ended
Nov 03, 2023Proposal updated