HIP10 - Adjusting APY to 0%

Summary

This post proposes to adjust APY to 0%

Motivation

Hectagon is aiming on bringing more real value to community, by focusing on incentivize Hecta holders and new users to get more Hecta by their contribution.

Proposal

Adjust APY to 0% is part of Hectagon’s anti-inflation mechanism. Existing holders and stakers won’t have any disadvantage.
Reducing APY will also have a positive effect on new users as it will be easier for them to catch up with existing users through contributions.
The adjustment will take place on or after 15th, January 2023

Polling Period

Comment will begin now and will end at 23:00 GMT+0 on 13-Jan-2023
The polling process begins after comment is over and will end at 12:00 GMT+0 on 15-Jan-2023

Poll

For: Action taken if this proposal is accepted.
Against: Action taken if this proposal is rejected.

  • For
  • Against

0 voters