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Tender fiTender fiby0x85aBbC0f8681c4fB33B6a3A601AD99E92A32D1actenderfi.eth

Sentiment Check for changing the vesting duration

Voting ended almost 3 years agoSucceeded

Thank you for joining for Tender Finance's very first snapshot vote for token holders!

One idea that has been suggested has been to decrease the EsTND vesting duration from 1 year to 6 months.

Possible possitive effects of this change include :

  1. Purchasing TND would be a more attractive proposition for prospective buyers due to faster realized gains.

  2. Current and new TND stakers could benefit more from high early esTND APRs due to less esTND being staked.

  3. Increased TND supply could increase trading volume, which might help bring attention to the token and protocol

Other relevant facts for consideration are:

  1. This will increase the rate of inflation of TND supply from regular vesting by a speed of 2x

  2. This change could create more incentive to supply as it will reduce the time necessary to realize the full boosted emissions apy.

  3. ETH rewards from protocol fees have been updated and are up 97.1% from last week. If current TVL momentum continues revenue per will increase faster than inflation with this change.

Because this will have a moderate impact on total supply over time we felt it would be best to get input from the holders chat before proceeding with any changes.

Off-Chain Vote

In Favor
127.97K TND55%
Against
104.73K TND45%
Download mobile app to vote

Timeline

May 02, 2023Proposal created
May 02, 2023Proposal vote started
May 05, 2023Proposal vote ended
Oct 26, 2023Proposal updated