• © Goverland Inc. 2026
  • v1.0.8
  • Privacy Policy
  • Terms of Use
SX.betSX.betby0x025b9FD9F1ed818d688e19c5F43c500bf44cEA470x025b…EA47

Remove ETH Betting from SX Bet

Voting ended about 2 years agoSucceeded

Remove ETH betting from SX Bet and end SX emission incentives on ETH-based pools on SharkSwap

ETH-based betting on SX is a very small % of total betting volume (down to 5% of the total, from a peak of 15% early last year), and it has very high carrying costs as SX has to subsidize two LP pools on SharkSwap to make sure there is enough liquidity for ETH on SX Chain (currently emitting 7,000 SX/day + 9,000 SHARK/day).

Eliminating ETH-based betting will have a negligible impact on total betting volume, while removing 2.55m SX/year + 3.3m SHARK/year of emissions, which are better used elsewhere or else saved.

Full discussion of proposal on SX Discord

Off-Chain Vote

Yes - eliminate ETH betting
21.04M WSX100%
No - don't eliminate ETH betting
0 WSX0%
Download mobile app to vote

Discussion

SX.betRemove ETH Betting from SX Bet

Timeline

Feb 08, 2024Proposal created
Feb 08, 2024Proposal vote started
Feb 13, 2024Proposal vote ended
Feb 14, 2024Proposal updated