FeedProjects
Developers
Settings
๐ŸŽ‰ A new chapter begins: Boardroom has joined Agora
Learn more
protocol logo
Explore / Projects
Indexed

Proposals

Members

Information

Create Proposal

Indexed

ProposalsMembersInformation
Proposal
Back to Proposals
closedEnded 4 years ago ยท Snapshot (Offchain)

[Attack Recovery #1] Should the dNDX program be terminated or have its revenue amount adjusted?

By 0x0000...C0bA6E

https://forum.indexed.finance/t/proposal-compensation-mechanisms/801/9

In the aftermath of the 14th October 2021 attack on Indexed Finance, the DAO should consider whether or not the dNDX staking program - which would have been fully live by this point had the attack not happened - should be terminated, or have the amount of protocol revenue routed to stakers of the NDX token reduced from 60% in order to route revenue towards a recovery mechanism for the affected.

The available options in terms of revenue distributed to stakers are:

  • Terminate [0%, all staked NDX unlocked and free to withdraw]
  • Continue As Is [60%, as initially planned]
  • Continue, But Halved [30%, requires seller contract redeploy]
  • Continue, Other [?%, requires a subsequent vote to decide]

This is a single-choice vote, which will run for one week to as many members of the DAO as possible to cast their ballots. The option with the most votes at the end of this week will be adopted.

Continue Reading
Connect Wallet to Add Note
0
Votes 50
VoterCast PowerVote & Rationale
0x0000...C0bA6E
260,647

Continue, Halved [30%]

0xc4C5...e0205f
53,768

Continue, Halved [30%]

0x21aF...F5c7d1
15,000

Continue, Halved [30%]

0xF7B1...B3E2D6
12,341

Continue, Halved [30%]

0x03eF...f3e7B1
10,000

Continue As-Is [60%]

SHOW MORE
VOTE POWER
0
Connect Wallet
Proposal Status
  • Tue October 26 2021, 11:00 pmVoting Period Starts
  • Tue November 02 2021, 12:00 amEnd Voting Period
Current Results

1-Continue, Halved [30%]

369,102.133

91.05%

2-Continue As-Is [60%]

24,774.027

6.11%

3-Terminate [0%]

11,205.243

2.76%
DocumentationBrandingContact Us
Home
This Project is Currently Disabled

If you would like to enable it, please checkout below.

Boardroom Subscription

Sign up for an individual subscription (access all projects on the platform)

Subscribe
Enable Project

Enable the entire project for every user

Enable Project
Contact Us