VapeArmy, we're here for the long run, and we're here to find ways to give back to you!
After much consideration about how to make the project sustainable for the long run, we believe it would be in the project's best interest to change rewards to 1% daily. We thought about a "cool down" period, but this will help us to build treasury faster and build up more $$ for marketing, partnerships, bringing more talent onboard, etc.
We believe that this is achievable if we are all able to build the treasury properly and take advantage of different pools and strategies across multiple chains.
By reducing the rewards to 1%, we should see some relief in selling pressure, a rise in price, and at that rate initial investment should be back in 90 days.
We've also talked about finding ways of airdropping excess returns from treasury back to community, or doing VPND buybacks. Open forum as always in the discord.
We also propose that the minimum amount of VPND to create a node will be 1000.
This proposal will give us all a chance to ensure that VaporNodes is around for years.
Changes will take effect within 24HRs if passed.
Off-Chain Vote
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- Author
vapegovernance.eth
- IPFS#QmdEFY7D
- Voting Systemsingle-choice
- Start DateDec 31, 2021
- End DateJan 01, 2022
- Total Votes Cast29.4M
- Total Voters151
Timeline
- Dec 31, 2021Proposal created
- Dec 31, 2021Proposal vote started
- Jan 01, 2022Proposal vote ended
- Jul 08, 2025Proposal updated