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closedEnded 4 years ago ยท Snapshot (Offchain)

AIP-012: Inflation | Safeguarding the future

By 0x0499...2b2206

Summary We propose to increase the maximum supply of the AKRO token under a long-term emission schedule that is transparent and predictable. All emissions will be distributed under a defined schedule and utilized for purposes including talent and partner acquisition, liquidity retention and yield generation.

This proposal has been created with careful consideration for existing and future Akropolis users and AKRO token holders. Its motivation is rooted in the ongoing success of Akropolis and the subsequent value accrual to AKRO.

Note that if this proposal does not go through, staking rewards will need to be discontinued and there will be no further incentive programs for any product from January 2022.

Numbers A total of 1,000,000,000 AKRO (25% from Total Token Supply) tokens will be minted and gradually brought into circulation over a 4 year period. This is a 25% increase of the current total supply, which would result in a new total supply of 5,000,000,000 AKRO.

If passed, this proposal will:

  • Increase the maximum supply of the AKRO token under a predictable emission schedule. This will allow Akropolis to: โ€“ Initiate the active use - and further diversification - of the Treasury; Introduce new revenue streams for AKRO stakers; โ€“ Alter the mechanics of AKRO staking to promote long-term alignment of the DAO with the aims of the protocol; โ€“ Attract and retain key talent and protocol partnerships; โ€“ Establish new liquidity mining and staking reward programs.
  • Grant the Team the power to manage the Treasury as they see fit during the transition to a DAO.

See the full proposal on the governance forum: https://gov.akropolis.io/t/aip-012-inflation-safeguarding-the-future

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0
Votes 62
VoterCast PowerVote & Rationale
0xe2ae...08fBA1
28.903M

FOR

0xDC48...F8c484
19.926M

FOR

0x5eb1...02034e
19.8M

FOR

0xc9b6...164163
15M

FOR

0x8938...5AE284
10M

FOR

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Proposal Status
  • Sat January 22 2022, 10:00 amVoting Period Starts
  • Fri January 28 2022, 05:00 pmEnd Voting Period
Current Results

1-FOR

130.267M

94.12%

2-AGAINST

8.142M

5.88%
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