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Totem FinanceTotem Financeby0x5D7cC4198a6B50A14A44972131a68e20a57D6072akid.eth

TOTEM EMISSION REDUCTION

Voting ended over 4 years agoSucceeded

TOTEM EMISSION REDUCTION It’s time for our monthly vote to reduce TOTEM emissions! The end goal of reducing emissions is to become emission neutral: that means more TOTEM leaving circulation than the amount of TOTEM that's produced.

Why become emission neutral?? TOTEM holders should understand the potential effect that reducing the amount of TOTEM in circulation may have on the token’s price. Supply vs. demand. Although reducing farm rewards may lower farms’ APR a little at first, in the long term, the goal is to keep supply low to keep demand high.

Here are this month’s proposals: You can vote for any one of these six options!

❌ No change: 0.5 TOTEM per block goes to yield farms and poles 🔥 0.05 TOTEM per block (10%) reduction to farm rewards: 0.45 TOTEM per block go to yield farms and poles 🔥🔥 0.10 TOTEM per block (20%) reduction to farm rewards: 0.4 TOTEM per block go to yield farms and poles 🔥🔥🔥 0.15 TOTEM per block (30%) reduction to farm rewards: 0.35 TOTEM per block go to yield farms and poles 🔥🔥🔥🔥 0.20 TOTEM per block (40%) reduction to farm rewards: 0.3 TOTEM per block go to yield farms and poles 🔥🔥🔥🔥🔥 0.25 TOTEM per block (50%) reduction to farm rewards: 0.25 TOTEM per block go to yield farms and poles

Off-Chain Vote

❌ No change
0 0%
🔥 0.05 TOTEM (10%)
0 0%
🔥🔥 0.10 TOTEM (20%)
0 0%
🔥🔥🔥 0.15 TOTEM (30%)
28.28 1.4%
🔥🔥🔥🔥 0.20 TOTEM (40%)
0 0%
🔥🔥🔥🔥🔥 0.25 TOTEM (50%)
1.95K 98.6%
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Timeline

Sep 10, 2021Proposal created
Sep 10, 2021Proposal vote started
Sep 11, 2021Proposal vote ended
Oct 26, 2023Proposal updated