Defibox Foundation Launches DIP16 Officially

Dear users,

Hello! Under the proposal of community users, the Defibox Foundation launches DIP16 officially. The voting time is from 09:00 (UTC) November 11, 2020 to 09:00 (UTC) November 13, 2020. The specific information is as follows:
Proposal content:

• Adjust the BOX staking reward. There are three options:
  A. 100% reward (remain unchanged), that is, all BOX bought back from various revenues will be rewarded to the user who staked BOX;
  B. 100% burning, that is, all BOX bought back from various revenues will be burned directly;
  C. 50% reward + 50% burning, that is, 50% of BOX bought back from various revenues will be rewarded to the user who staked BOX, and the remaining 50% will be burned directly;

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.

Execution plan:

• If an option satisfies the execution conditions, it means that the vote is successful. The Defibox Foundation will adjust the staking BOX reward according to the option. For the specific adjustment time and more information, please follow the follow-up official announcement.

Additionally：

• Defibox Foundation will not attend the proposal voting.
• 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:
Overseas: https://t.me/Defibox 
Chinese:

Thank you for your support and attention to Defibox!
Defibox Foundation
November 10, 2020