closedEnded 3 years ago · Snapshot (Offchain)
Reduce Trading Rewards by ~45%
By 0xB933...878Dd1Continue Reading
Summary:
As part of our V4 Vanguard Post, we propose to reduce Trading Rewards by ~45%. In the current market downturn, we believe Trading Rewards remain excessive and are the highest contributor to yearly token inflation.
By reducing trading rewards, excess DYDX are retained in the rewards/community treasury. This can be accessed by the community through a governance vote, but most importantly, the retained DYDX will have a significant impact on the DAOs ability to fund initiatives in V4 in a sustainable and controlled manner!
Proposed Changes:
- Reduce Trading Rewards to 1,582,192 DYDX from 2,876,712 DYDX
If approved, the reduction in trading rewards will proceed to an on-chain vote.
Should trading rewards be reduced by ~45%?
Connect Wallet to Add Note
0Votes 799
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
 Reverie | 9.329M | Yes |
 Wintermute Governance | 4.072M | Yes |
 FranklinDAO (Prev. Penn Blockchain) | 2.504M | Yes |
 0xdd1E...64fDEe | 2.5M | Yes |
 0xccC4...4ab81D | 2.5M | Yes |
VOTE POWER
0
Connect Wallet
Proposal Status
- Tue February 14 2023, 10:34 pmVoting Period Starts
- Sat February 18 2023, 10:34 pmEnd Voting Period
Current Results
1-Yes
27.534M
2-No
2.526M