Hello! The DIP45 proposal has met the execution conditions and was officially implemented today, that is, 7.5% of the total unreleased BOX tokens of the Newdex project will be given at one time, and 10% of the protocol revenue rights will be retrieved. The specific implementation details are as follows:
1. About the actual delivery quantity
Circulation quantity of BOX at the time of execution: 3,000,000 BOX (there will be a single-digit error in the circulation quantity at the time of execution, please understand)
Quantity destroyed so far: 223,695.37 BOX
So the actual delivery quantity is: (5,000,000-3,000,000-223,695.37)*7.5%=133,222 BOX
2. About the execution method
Additional BOX tokens are issued from token.defi to the eth.defi account and transferred to the box.newdex account. The box.newdex account will be deposited into the BSS system 360-day deposit.
3. About the 10% protocol income retrieved
The retrieved 10% of the protocol revenue will be temporarily transferred to the temp.defi account, and a new proposal will be launched in the near future to determine the distribution method.
*After the 133,222 BOX is deposited in the BSS 360-day deposit, it will not have the right to vote on the proposal until the certificate of deposit expires and is released.
Thank you for your support and attention to Defibox!
Defibox Project Executive Team
August 15, 2022