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ZombieCatsDAOZombieCatsDAOby0xA59271F4ab69454DbdcE068025F2d1227124E721zombiesdao.eth

Voting on time frame of rewards

Voting ended over 4 years agoSucceeded

This vote will determine the number of years for the staking rewards to be paid out over.

The time frame of the project will also determine the total supply of tokens to be created.

We will adjust the total supply of tokens based on the highest voted time frame. Our emission rate will remain at 10 $ZCAT tokens per day.

For example, if a 10 year time frame is chosen, and we assume 70% of Zombie Cats are staked, we determine total supply as follows:

9,999 x 70% = 6,999.3 ZombieCats staked 6,999.3 ZombieCats staked will produce 69,993 $ZCATS per day. 69,993 x 365 x 10 = 255,474,450 $ZCAT tokens available to be gained from staking over a 10 year period.

Note that 255,474,450 is 70% of the total supply. Another 10% goes to the liquidity pool and 20% is reserved for community events and giveaways.

Hence, the total supply will be 364,963,500.

We understand that the assumption of 70% ZombieCats being staked may not be feasible. We can adjust the emission rate again in the future if needed to adhere to our time frame.

Off-Chain Vote

2 Years
644 73.3%
4 Years
14 1.6%
6 Years
197 22.4%
8 Years
0 0%
10 Years
24 2.7%
Download mobile app to vote

Timeline

Oct 09, 2021Proposal created
Oct 09, 2021Proposal vote started
Oct 10, 2021Proposal vote ended
Oct 26, 2023Proposal updated