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SpaceSwapSpaceSwapby0x72d49544D17e3C98B0f94D97eE851981279f3aa90x72d4…3aa9

Details about the first MILK2 distribution among SHAKE holders

Voting ended over 5 years agoSucceeded

The first MILK2 to be distributed among SHAKE holders will be held on the block #11030100 (https://etherscan.io/block/countdown/11030100).

With each 100,000 blocks, we distribute 1% of all minted MILK2 tokens (which are being stored here: 0x956754C96377F26A5b0035E7638515382aEcB907) to SHAKE holders.

Our initial rules stated that holders should hold their SHAKE tokens for 100,000 blocks in order to be rewarded. But this is impossible during the first 100,000 blocks of SpaceSwap’s v2 existence.

So for the first 100,000 blocks of the MILK2 distribution, we’re suggesting the following rules:

  1. We make a snapshot of the block #10990100. Addresses with SHAKE balance >=0.5 are the ones taking a part in the distribution.

  2. There will be multi-players:

⁃ If an address holds SHAKE tokens during 40,000 - 60,000 blocks in a streak, its multi-player is x1.

⁃ If an address holds SHAKE tokens during 60,000+ blocks in a streak, its multi-player is x4.

⁃ If an address uses BLENDER to make SHAKE and holds it during 40,000 - 60,000 blocks in a streak, its multi-player is x6.

⁃ If an address uses BLENDER to make SHAKE and holds it during 60,000+ blocks in a streak, its multi-player is x6.

Off-Chain Vote

Agree
15.39K 99.4%
Disagree
95.31 0.6%
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Timeline

Oct 02, 2020Proposal created
Oct 02, 2020Proposal vote started
Oct 04, 2020Proposal vote ended
Jan 23, 2024Proposal updated