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closedEnded 3 years ago ยท Snapshot (Offchain)

Re-Vote: Change the vesting schedule for HFTs from NFT rewards

By 0x34E1...65fd62

Simple summary: Increase token blocking period for NFT reward by 4 months until HashVerse is fully launched, after which vesting will depend on the number of HFT.

During the development of the project, there were various types of rewards (for community activity, various contests, trade rewards).

All of them, for the most part, were in the form of NFTs, which were endowed with a certain amount of HFT.

Some activities were rewarded by NFT that were endowed with an unreasonably large number of HFT tokens.

This fact prompted people who were not interested in the project, but had a speculative interest in getting hold of these NFTs as much as possible, as well as buying them up on the secondary market.

Most of these people had constant complaints about the project regarding the TGE date, which for objective reasons was postponed several times until product development and security were improved.

The main motivation was to free up their investment, but not to follow the interests and goals of the project.

The result we were able to observe during the TGE period and the statistics showed that most of these wallets sent the token for sale (as a consequence, made a profit, as most purchases were made at 0.30-0.40 cents per HFT).

The current unlock rules need to be reviewed because true fans, users and contributors to the project experience unequal treatment with speculators, which is unfair and inconsistent with the principles of decentralization, because large HFT reset stimulates constant selling.

This proposal will bring all participants (speculators, investors, opponents and supporters) into a level and fair playing field that is consistent with true decentralization principles, where management will truly belong to true supporters in a tangibly equal playing field, help keep the token price down and keep it from excessive selling pressure.

Motivation:

Fairness in future voting decisions Getting rid of excessive sales pressure Equality among project followers and keeping decentralization values Attractiveness to potential investors and maintaining the sentiment of current token holders Specification and rationale: Extending the token lock-in period by 4 months from the TGE date (March 7, 2022).

people with > 200K to vest = 1250 HFT daily people with > 100K to vest = 1000 HFT daily people with > 50K to vest = 750 HFT daily rest = 500 HFT daily Benefits (Pros):

Reducing the pressure on the token by sellers Increased attractiveness of the project Holders remain in a stable position as conditions for them remain the same Minuses (Cons): Some moral dissatisfaction on the part of speculators

Voting: Yes - for it to be implemented, No - for it not to be implemented

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Connect Wallet to Add Note
0
Votes 538
VoterCast PowerVote & Rationale
0x8f96...115819
115,774

Yes

0x3c5d...feE0B6
99,587

No

0xc0d9...E781b8
95,504

No

0x8F0f...B254c2
94,450

Yes

0x285f...0BF4e1
88,280

No

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VOTE POWER
0
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Proposal Status
  • Mon December 05 2022, 03:09 amVoting Period Starts
  • Wed December 07 2022, 03:09 amEnd Voting Period
Current Results

1-No

632,204.845

51.15%

2-Yes

603,726.752

48.85%
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