Crypto Unicorns

Summary The Snapshot vote for CUIP-015 - Staking Emission Reduction has concluded, with 56.50% voting against the proposal and 43.50% voting in favor. This is equivalent to 100,605,460 votes, or 55.33% of our total voting population. The relatively narrow margin between the voting options compelled us to examine the voter distribution more closely. Only 95 wallets (13.46%) voted against the proposal, while 611 wallets (85.54%) voted in favor of the proposal. Given that the majority of DAO members support reducing staking emissions, we felt it was necessary to reopen the dialogue on reducing the staking emissions.

Motivation After reading through the forum and Discord discussions we have modified the original proposal in the hopes of alleviating some community concerns with CUIP-015. We believe that the changes to this proposal provide a compromise while still allowing us to achieve the original goal of reducing emissions to prepare our community for growth.