• © Goverland Inc. 2026
  • v1.0.1
  • Privacy Policy
  • Terms of Use
Overtime CouncilOvertime Councilby0x819a371aB4BfdeD173Edcf12b6D37c6C80E4a8C00x819a…a8C0

THALES tokenomics v2 direction

Voting ended about 2 years agoSucceeded

This proposal is created per TIP-186.

At the moment Thales staking offers a few benefits, including capturing THALES distribution emissions, access to Thales AMMs collateral pools and Gamified Staking rewards for all stakers who actively use the Thales Protocol contracts.

Over the last few weeks, there were many heated discussions on the topic of what avenue the council and stakers should take in regards to the future of THALES tokenomics.

To this end, Thales council has decided to ask the community for a temp-check vote so that all stakers have a chance to express their preference for potential V2 tokenomics.

The Tokenomics V2 Temp Check vote has four options for the THALES stakers to signal support for:

  1. TIP-182 proposed a direct fees distribution model to THALES stakers, while reducing rewards from 105k THALES a week to 40k THALES a week. Buyback and burn would be stopped in favor of the direct distribution.

  2. TIP-183 proposes "HALVING" of THALES staking rewards from 105k THALES to 40k THALES a week, while continuing with the existing BBB mechanics and further reducing staking rewards by 0.5% a week per TIP-176, eventually leaning towards deflationary tokenimics.

  3. TIP-185 proposes an immediate stop to all THALES staking rewards, effectively starting deflationary tokenomics via BBB

Option 4 will be added to the vote which indicates no change to current tokenomics.

The vote is not binding, though it will be of great help for the Thales Council to steer the ship in the direction most favored by THALES stakers.

Off-Chain Vote

TIP-182 : Direct fees share
4.79M THALES60.9%
TIP-183: BBB and lower emissions
2.41M THALES30.6%
TIP-185: BBB + deprecate staking
468.5K THALES6%
No change
198.12K THALES2.5%
Download mobile app to vote

Timeline

Nov 22, 2023Proposal created
Nov 22, 2023Proposal vote started
Nov 29, 2023Proposal vote ended
Nov 29, 2023Proposal updated