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Tiny WorldTiny Worldby0xC6Ac41b030fcCeF76de068EC433309Fb1b165AfE0xC6Ac…5AfE

Tiny Farm Boost Pool Adjustment Proposal

Voting ended almost 3 years agoSucceeded

Background

Tiny Farm's TINC-BNB Boost Pool is a critical pillar of the Tiny World ecosystem. However, due to the overall impact of the cryptocurrency market, the initial rules of the Boost Pool are no longer suitable for the current ecosystem. In order to ensure that the Boost Pool continues to play an important role and further empower the community governance token veTINC, we propose the following adjustment.

Proposal

The current rules of Boost Pool which involve NFT staking to boost farming, will be adjusted to use veTINC for boosting. By locking TINC in TinyDAO, players can obtain veTINC and increase the farming weight of their TINC-BNB LP, thereby increasing farming APR. The more veTINC players hold, the better the boost effect, with a maximum of three times the farming weight.

Off-Chain Vote

Yes
2.93M veTINC99.1%
No
25.89K veTINC0.9%
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Timeline

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