You decide: How long should unclaimed $SWEAT sit before it evaporates?

Sweat Team
Sweat Economy
Published in
2 min readMar 28, 2024

We’re excited to have you all on board for an important decision-making moment. At the core of Sweat Economy is your invaluable input, and we’re thrilled to bring you into the fold for a significant governance vote regarding unclaimed $SWEAT.

The Governance Proposal:

Let’s dive into it — we’re discussing the duration before unclaimed $SWEAT starts evaporating. It’s a crucial aspect of maintaining the vibrancy and efficiency of Sweat Economy.

Here are the voting options:

Option 1: After 14 Days
For this choice, if users do not claim their $SWEAT for 14 days, the unclaimed $SWEAT will start evaporating on a daily basis. It’s a swift approach, designed to maintain a dynamic token supply.

Option 2: After 30 Days
Prefer a bit more flexibility? With this option, users will have a generous 30-day window before their $SWEAT begins to evaporate. More time to catch up and claim those tokens!

Your vote matters!

Your voice is the driving force behind our decisions. The Sweat Economy thrives on community engagement, and your participation in this vote is crucial. Your vote isn’t just a checkbox; it’s a direct contribution to the future of our project.

Understanding Evaporation:

Imagine your $SWEAT as fresh groceries in your fridge. If it sits untouched for too long, it might be wasted.

To keep our token economy dynamic and efficient, we’re proposing a process called “evaporation.”*

Essentially, if your $SWEAT remains unclaimed for a set period, it gradually diminishes — evaporating away on a daily basis. It’s all about keeping things streamlined and ensuring active participation.

*Evaporation is when unclaimed $SWEAT begins to be burned.

Conclusion

In essence, this vote is empowering our community to shape the direction of Sweat Economy. We value transparency, inclusivity, and thoughtful decision-making.

So cast your vote, spread the word, and let’s continue building the Movement Economy together!

The Sweat Team

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These materials are for informational purposes only and are not investment advice or an invitation, recommendation or solicitation to buy, sell or hold any crypto asset or to engage in any particular trading strategy. Many crypto products and markets are unregulated, and you likely will not be protected by government compensation and/or regulatory protection schemes. Crypto assets are high-risk investments and the unpredictable nature of crypto asset markets can lead to loss of funds. Tax may be payable on any return and/or on any increase in value of your crypto assets. You should seek independent professional counsel from your investment advisor and tax advisor in connection with any acquisition or disposition of crypto assets.

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Sweat Team
Sweat Economy

The voice of the official Sweat Economy Medium publication. Website: https://sweateconomy.com/