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Aavegotchi · closed proposal

[AGIP40] Sunset FRENS

0x7E47…B9Db·ended 3y ago·Discussion ↗
Voters
1,122
GHST voted
12.17M
≈$537.5K
Token price
$0.04

AI summary

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Voting results

Sunset FRENS immediately9.42M (77.4%)
Taper FRENS w/ end date of 10/11.81M (14.9%)
Keep FRENS as they are945.23K (7.8%)
12.17M GHST · ≈$537.5K · 1122 votersblock 32344661

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Full proposal

Original markdown · Aavegotchi

Author: Dr Wagmi#6629 GotchiID: 16635 Quorum requirement: 20% (9M) Vote duration: 7 days XP Reward: 20 XP for each Aavegotchi in the voter’s wallet Discourse Thread: 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 thre…

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