Defibox Foundation Announces DIP1 Officially

Dear users,

Hello! The Defibox Foundation officially launches DIP1 and opens the voting. The voting time is from 07:00 (UTC) on August 13, 2020 to 07:00 (UTC) on August 15, 2020. The specific information is as follows:

Governance proposal content:

• Defibox Swap transaction fees is increased to 0.3%;
• 0.3% transaction fees distribution ratio: market-maker: 0.2%, BOX staking dividend: 0.05% and Foundation: 0.05%;
• The Defibox Foundation participates in staking, but only participates in voting governance, and does not participate in dividends.

Execution conditions:

• The total votes of the proposal must account for ≥ 30% of the total BOX staking amount; (abbreviation: proposal participation)
• The votes for an option must ≥ 55.00% of the total votes of the proposal;
• The Foundation will start execution after the vote is successful;
•  Proposals that do not meet the execution conditions after the voting ends will be cancelled.

Voting time description:

• After the governance proposal is officially announced, the publicity period is 24 hours. Please note that it is not allowed to vote during the publicity period;
• Voting will be opened after the publicity period ends. The voting period is 48 hours. Please vote within the valid time.

The voting access is shown below:

Thank you for your support and attention to Defibox!
Defibox Foundation
August 12, 2020