The Voting Results of DIP4 and DIP5

Dear users,

Hello! The voting time for DIP4 and DIP5 has ended. The voting results are now announced as follows:

DIP4:

• 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.

Voting result:

• The proportion of the total votes of the proposal to the total BOX staking amount (abbreviation: proposal participation): 83.87 %;
• The received votes of Option C (annualized rate: 3.0%) accounted for  99.04% of the total votes of the proposal;

DIP4 has met the execution conditions. The Defibox Foundation will formally adjust the USN stable coin annualized rate according to Option C (annualized rate: 3.0%) at 09:00 (UTC) on August 20, 2020, and will launch USN interest dividend proposal and open the voting as soon as possible.

DIP5:

• Adjust the market-making mining weight of Defibox Swap liquidity pool, and propose four market-making mining weights: 1.0, 1.2, 1.5 and 2.0, of which the weight 2.0 is only used when individual liquidity pools hold short-term activity. The weight adjustment plan for market-making mining is as follows:

(This adjustment only applies to market-making mining, and transaction mining weights remain unchanged)

Voting result:

• The proportion of the total votes of the proposal to the total BOX staking amount (abbreviation: proposal participation):   69.17%;
• The received votes of Option A (agree) accounted for  99.87 % of the total votes of the proposal;

DIP5 has met the execution conditions. The Defibox Foundation has started to implement the proposal in accordance with Option A (agree), and officially adjusts and takes effect the relevant liquidity pool market-making mining weights at 07:30 (UTC) on August 20, 2020.

Thank you for your support and attention to Defibox!
Defibox Foundation
August 20, 2020