Subpad #Proposal2 Voting is live now!
We at Subpad are excited to invite you to participate in our Governance #Proposal2 voting. The direct crypto democracy is in action!
Why Governance?
We are conducting a Governance #Proposal2 voting to propose crucial changes that will enhance the overall efficiency of the Subpad ecosystem.
Our objective is to progress and move forward, which is why we promised to hold regular governance sessions.
The purpose of this voting is to fulfill that promise and improve the functionality of our platform via Governance #Proposal2.
Proses of #Proposal2
The subject of voting during governance will cover several changes, including:
- the removal of the 10% exit fee at Subpad and changing it to 0%
- changing the percentage of the sell tax distribution to the staking and treasury pools
- the introduction of dividing the current staking pool into three pools (for xSUB, IDO, and NFT holders stakers)
- disposing of current funds from the IDO allocated in the treasury pool,
- allocating funds deposited in the bridge of $SUB and xSUB tokens
- several NFT Club-related questions.
How to participate in voting?
The Governance voting starts on 28.04 at 3 PM UTC and ends on Tuesday (02.05) at 6 PM UTC. The results will be announced within 1 week of the Governance end date.
To participate in the voting you must own at least 1 xSUB token before the snapshot time (02.05 6 PM UTC). 1 xSUB equals 1 vote. The owned xSUB tokens include only the valid xSUB tokens locked at Subpad.
For the verification process please remember to send 1 $SUB fee to this wallet address: 0xEcB6bDA522aC880bBf116497A99594ee7329c750
Important: We will not send back the 1 $SUB as it is the voting fee.
You can cast your votes here: https://forms.gle/TtqeAvvM8zDTfGs68
We encourage all of you to participate and have a say in the future of Subpad.
Summary
The new updates & changes are important from the perspective of our platform economy.
With governance #Proposal2 another new Chapter opens for us all — a chapter with broad possibilities for the project & our community means you.
Thank you for your continued support of Subpad.
Subpad Team
