Governance Transaction Notice - February 14, 2025

Announcements
1

Background

  • Adjusting Incentives:
    • The Foundation has reached their stated goal of controlling 20% of the supply and therefore the DAO allocation is being reset from 87% to 10% of all newly minted tokens.
    • The Validator percentage is being reset from 2% to 5% of all newly minted tokens.
    • The servicer percentage, which is a function of the other two values, is therefore being reset from 11% to 85% of all newly minted tokens.

Parameter changes:

pos/DAOAllocation

  • Submitted on Block: 159516
  • Tx Hash: 738FF917F351371FF97C68DEF5F574615EA1662E4A94E46F010F294A88DC3B0B
  • Old Value: 87
  • New Value: 10

pos/ProposerPercentage

  • Submitted on Block: 159517
  • Tx Hash: BA75A0340F22345896BB8BF89D27E98D0998EFC627192B390EEF4F22AC254702
  • Old Value: 2
  • New Value: 5