Aavegotchi · closed proposal

Sunset FRENS

0xd281…e778·ended 4y ago

Voters

514

GHST voted

12.33M

≈$544.4K

Token price

$0.04

AI summary

Summary pending — generation runs every 15 minutes.

Voting results

Sunset FRENS immediately11.22M (91.0%)

Taper FRENS w/ end date of 10/1626.80K (5.1%)

Keep FRENS as they are483.23K (3.9%)

12.33M GHST · ≈$544.4K · 514 votersblock 31697090

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No whale votes on this proposal.

Full proposal

Original markdown · Aavegotchi

Author: Dr Wagmi#6629 Gotchi ID: 16635 Discourse Thread (Idea/Proposal): https://dao.aavegotchi.com/t/sunset-frens-by-october-1st/4255

I propose that we cease FRENS emissions immediately. FRENS emissions have been used as a liquidity mining (LM) incentive by providing GHST holders and liquidity providers access to future content through the raffle system. While this was an initially effective tool for LM, it is now doing more harm than good. Outlined below and in the forum thread are the reasons why Aavegotchi should sunset FRENS:

Eliminating FRENS will reduce Aaveogotchi protocol pressure …

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