Defibox Foundation Launches DIP4 Officially

Dear users, 

Hello! In order to further promote the stability of USN price, the Defibox Foundation officially launches DIP4. The voting time is from 07:00 on August 19, 2020 to 07:00 on August 20, 2020 (UTC). The specific information is as follows:

Governance proposal content:

• Content: USN stable coin annualized rate adjustment, optional annualized rate: 2.0% (unchanged), 2.5% and 3.0%; if the proposal is passed. In addition, the Defibox Foundation will launch a USN interest dividend proposal and open the voting soon.

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 ≥ 35.00% 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, 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.

Thank you for your support and attention to Defibox!
Defibox Foundation
August 18, 2020