Dear user:
Hello! Regarding the "Defibox DAO Board Announcement on “3.29” BOX Price Fluctuation Event", regarding the measures: reduce the proportion of BOX destruction, increase the proportion of BOX/EOS market-making pools, in order to improve liquidity, and now launch a proposal vote:
Proposal content:
Based on the actual situation and community discussions, the proposed proposal is as follows:
- Reduce the BOX burning ratio and increase the BOX/EOS market-making pool ratio to improve liquidity
- Adjusted from the original 45% burning, 5% automatic market making to 40% burning, 10% automatic market making
We hope that every user who holds BOX tokens can participate in the governance of the Defibox project and help the development of Defibox!
Execution conditions:
- The total votes of the proposal must account for ≥ 10.00% of the total valid BOX votes; (abbreviation: proposal participation)
- The votes for an option must ≥ 55.00% of the total votes of the proposal;
- After the voting is successful, the Defibox executive team will start to execute;
- Proposals that do not meet the execution conditions after the voting ends will be cancelled.
Execution plan:
If one option satisfies execution plan, it means a successful voting. Defibox will start execution after the vote is successful. For the latest information, please follow the official announcement.
Additionally：
- After the governance proposal is officially announced, it is not allowed to vote during the publicity period;
- Voting will be open after the publicity period ends. Please vote within the valid time.
Defibox community:
International Community：https://t.me/Defibox_official
Chinese Community：https://t.me/DefiboxCN
Thank you for your support and attention to Defibox!
Defibox Project Executive Team
April 11, 2023
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