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VaporFi LabsVaporFi Labsby0x1fFA9D8A224C7C582a898f003a2F3b6e5471271Cvapegovernance.eth

Building Sustainability

Voting ended about 4 years agoSucceeded

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

Yes- Let's build a dynasty
23.09M 78.5%
No- Let's not build a dynasty
6.31M 21.5%
Download mobile app to vote

Timeline

Dec 31, 2021Proposal created
Dec 31, 2021Proposal vote started
Jan 01, 2022Proposal vote ended
Jul 08, 2025Proposal updated