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SpaceSwapSpaceSwapby0x72d49544D17e3C98B0f94D97eE851981279f3aa90x72d4…3aa9

Voting proposal on farming tokenomics following the integration of the Avalanche network

Voting ended over 4 years agoSucceeded

SpaceSwap is expanding into the Avalanche network and will be launching its most popular products onto its blockchain. It will begin with Interstellar farming with Shadow technology.

According to the tokenomics model, which was elected by the community, the maximum supply of MILK2 tokens is 65.2m. This decision will be respected when adding the new blockchain.

Now we are facing a choice regarding the issuance of coins for farming on the new blockchain.

Option 1:

Take the needed amount of coins from the reserve pool (previously earmarked for the network expansion), burn it on Binance Smart Chain and Ethereum, then issue the same amount on Avalanche.

Impact → a significant increase in the total amount of MILK2 tokens allocated to farming.

Option 2:

Take the needed amount of coins from the Ethereum and Binance Smart Chain farming allocation, burn it, then issue the same amount on Avalanche.

Impact → the total number of coins allocated for Interstellar farming will remain unchanged; the farming period on Ethereum and Binance Smart Chain will decrease.

Off-Chain Vote

Option 1
327.41K 94.2%
Option 2
20.01K 5.8%
Download mobile app to vote

Timeline

Nov 04, 2021Proposal created
Nov 04, 2021Proposal vote started
Nov 06, 2021Proposal vote ended
Oct 26, 2023Proposal updated