Yidolabs Proposal 1 - Migration of Yidocy+ platform to Gen. 2

To ensure enhanced operational efficiency, including the saving of gas fees on the Ethereum network, Yidocy Foundation is looking to execute migration of Yidocy+ DeFi pool to Gen 2. Core features of Gen 2 include:

• Use of platform wallet
• Off-chain support of stake-to-reward process
• Continued use of decentralized ledger for transactions of $Yido tokens
• Distribution of staking rewards on weekly (or longer) terms

*Please note that all $Yido tokens staked in the current DeFi pool should be unstaked by April 25, 2025, if the proposal is approved.

For - Migrate to Gen 2 Against - No migration