[dNDX Parameters] Maximum Bonus Multiplier
Per discussion from this thread: https://forum.indexed.finance/t/create-dndx-a-dividends-token-for-indexed-fee-revenue/610
This vote is to establish the bonus multiplier of dNDX issued when staking NDX for the maximum duration. When deposits are made, the depositor will receive a bonus multiplier calculated with the formula:
max_bonus_multiplier * (lock_duration - min_lock_duration) / (max_lock_duration - min_lock_duration)
So for example if we have min_lock_duration = 1, max_lock_duration = 3, max_bonus_multiplier = 2, then a deposit with duration 2 would get a bonus multiplier of 1, so 2 dNDX would be minted for every 1 NDX deposited.
The options are:
- 2.5x
- 3x
- Reject above options
If any of the [dNDX Parameters] votes are won by ‘Reject above options’, deployment of the dNDX functionality will be paused and a new forum thread opened to discuss alternative options.
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
 0xe1A5...1f670b | 7,440 | 3x |
 0x271E...BB24E0 | 7,266 | 3x |
 0x201b...75E54B | 6,258 | 3x |
 0x1D2c...1C32db | 6,041 | 3x |
 0x0D3A...882cEE | 5,007 | 3x |
VOTE POWER
Proposal Status
- Thu April 29 2021, 11:00 amVoting Period Starts
- Sun May 02 2021, 11:00 amEnd Voting Period
Current Results
1-3x
60,432.734
2-2.5x
6,067.553