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Decimal > Blockchain > Vote for the development of Decimal. Vote for changing the tokenomics of DEL
Blockchain DEL Updates Vote

Vote for the development of Decimal. Vote for changing the tokenomics of DEL

Two weeks ago, we presented a list of initiatives and conducted a test vote in our channel (link), with discussions in the chats continuing unabated. On the agenda is a vote on decisions related to DEL tokenomics.

  1. Changing the APR to 36% per year with subsequent annual reduction to 15%, followed by maintaining this level throughout the period.
  2. Limiting the accrual of rewards to the maximum calculated APR. If the amount of coins in the reward exceeds the amount available for distribution among delegated coins, the remaining (unclaimed) coins will be redistributed to stakes delegated for a period of 1 year.
  3. The ability to set any delegation period (HOLD) by setting the block height for unlocking. Stakes delegated for a period of 1 year or more will receive additional rewards from unclaimed rewards.
  4. Reducing the bond term to 15 days.
  5. Coins received as penalties from validators will be redirected, with 50% going to the genesis block and the remaining 50% sent to the zero block.

Voting Terms:

Voting will take place from March 1 at 10:00 to March 15 at 10:00 (MSK). To participate in the vote, each participant must send a transaction with any amount of DEL coins from their address (wallet) to the voting address:

d01cqya5f8zvfamsf4ehymhu5e9hd36g5cpmtfx2h

The voter’s address must be created no later than the start date of the vote. In the comment to the transaction, it is necessary to indicate “YES” if you support the changes, or “NO” if you are against. One address equals one vote. If two or more transactions are sent from the same address, they will not be counted.

Counting of Votes:
A vote will be considered valid when a minimum of 1,000 votes are cast.
Voting will be decided on the basis of a majority of votes.

In order for a vote to be counted, an address must be created no later than the voting start date, March 1, and have a delegated amount of at least 1000 DEL coins.

1 address = 1 vote, if two or more transactions are sent from the same address, they will not be counted.

We encourage all members of our community to actively participate in the voting. Your opinion is important to us and will determine the future of our project