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x-dao.ethx-dao.ethby0x86b2B40cfF97F182922B957d6a44dD83149B14910xpat.eth

How should we handle claim halving?

Voting ended almost 4 years agoSucceeded

Through instituting the halving of $Game emissions that X-Dao voted on, the halving has also been applied to all unclaimed $Game accumulated from staking X-Consoles. Essentially, if an X-Console was staked, and the $Game rewarded to the user for staking the X-Console was not claimed, the amount of $Game they accumulated halved after the halving (Feb 1st).

Please vote on the following options:

  1. Do nothing Pros:
  • Reduces overall cost for X-Dao and ecosystem vs. other options.
  • Deflationary mechanics applied to $Game as lost tokens are now out of circulation.
  • Team can focus on WL Marketplace Cons:
  • Unfair to those who never claimed their $Game vs. those who did.
  1. Mint new tokens to compensate for the halved tokens that were lost. This would still respect our hardcap. Pros:
  • No effect on Treasury funds
  • Afterwards, no one will be adversely affected by halving on unclaimed $Game. Cons:
  • Will need to solution how to do this and take time from platform development but will try to reduce this by bringing in additional help

Off-Chain Vote

Do nothing
502.38 8.3%
Mint new tokens to compensate
5.52K 91.7%
Download mobile app to vote

Timeline

Feb 07, 2022Proposal created
Feb 07, 2022Proposal vote started
Feb 10, 2022Proposal vote ended
Oct 26, 2023Proposal updated