MIP#3

Call for reduction of V2 governance staking with immediate effect

Voting period: 3 days

BACKGROUND:

For a period of time now, Multiplier has faced increasing selling pressure for a number of reasons which had affected the price of bmxx negatively. The team shares this concern with the community and have been taking active measures to alleviate this issue.

As a part of this ongoing effort and taking feedback from the community, the team proposes an urgent call for the community to consider reducing the amount of governance rewards for staked bmxx.

Also, everyone's had ample time to buy the dip on bmxx and it's time for bmxx price to turn around now. The community can subsequently decide whether or not the rewards should be increased again (if at all), at a later stage when bmxx price stabilizes.

Please note that this proposal is being presented on an urgent basis.

As such, the team strongly urges the community to give the following choices due consideration and then vote on one of the following options within the voting period.

VOTING CHOICES:

1. Yes: Reduce daily governance staking reward for bmxx by 75%

2. Yes: Reduce daily governance staking reward for bmxx by 50%

3. Yes: Reduce daily governance staking reward for bmxx by 25%

4. No: dont change the amount of the daily governance reward for bmxx