Governance Proposal Update. On your marks, frens.
30 May 2023, 17:14
Governance Proposal Update ☝️🐶
On your marks, frens! ✍️
📅 The governance vote for removing the quorum will be going live on Wednesday 31 May 2AM UTC.
🗳 More precisely, this vote has the goal to remove quorum from previous and future governance votes on dogegress.dog
Consequently, in the case where the vote is passed, previous votes that haven’t reached quorum such as the Tiered Burn vote would be considered valid.
🐶 As a heads up, don’t forget to reclaim your veDC from the previous and completed vote on dogegress.dog, so you are able to vote again.
If you want to read more about the context of this proposal, read the explanation below 👇
😮💨 Due to the mechanics of the veDC model, it has proven challenging to set a predetermined threshold for reaching a quorum on Dogechain governance votes.
💭 Voting requires users to withdraw their veDC from validators and miss out on potential staking rewards. We understand that this is an issue that needs to be addressed.
Moreover, participation in governance has been very low all across the industry in general, making it even harder to predict on-chain activity.
🔓 To avoid gridlock situations where proposals are deemed invalid because of low participation from veDC holders, the team proposes to remove the threshold for past and future votes altogether
♻️
Dogechain is bringing DeFi & long awaited utility to Dogecoin. Join the family! 🚀
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Same news in other sources
231 May 2023, 10:04
Dogechain x Binocs Partnership 🤝
Shibes, we’re excited to announce our partnership with binocs.co, which will simplify your life when it comes to managing your portfolio and taxes. ✍️
📊 @Binocs_Official has fully integrated Dogechain and you can start tracking data immediately with the app.
💱 This Crypto Accounting & Tax Platform will allow you to connect to your favorite exchanges and track your Dogechain wallet address to get a comprehensive overview of your holdings.
🧾 Under the same roof, you can view your trades from both CeFi and DeFi and export this data for your accounting needs and tax reporting.
♻️
Dogechain is bringing DeFi & long awaited utility to Dogecoin. Join the family! 🚀
Website I Twitter I Discord I TikTok I Reddit I Blog I Instagram
Dogechain x Binocs Partnership. Shibes, we're excited to announce our partnership with binocs.
Dogechain x Binocs Partnership 🤝
Shibes, we’re excited to announce our partnership with binocs.co, which will simplify your life when it comes to managing your portfolio and taxes. ✍️
📊 @Binocs_Official has fully integrated Dogechain and you can start tracking data immediately with the app.
💱 This Crypto Accounting & Tax Platform will allow you to connect to your favorite exchanges and track your Dogechain wallet address to get a comprehensive overview of your holdings.
🧾 Under the same roof, you can view your trades from both CeFi and DeFi and export this data for your accounting needs and tax reporting.
♻️ https://bit.ly/3C4d7bP
Dogechain is bringing DeFi & long awaited utility to Dogecoin. Join the family! 🚀
Website I Twitter I Discord I TikTok I Reddit I Blog I Instagram
31 May 2023, 02:16
Governance Vote Live! 🗣
Shibes, the governance vote is now live! 🗳
👉
Vote with your veDC now for the Quorum Threshold Removal on future and past governance votes.
The vote will last until June 4th, so you only have 4 days to express your opinion! 🔥
Dogechain is bringing DeFi & long awaited utility to Dogecoin. Join the family! 🚀
Website I Twitter I Discord I TikTok I Reddit I Blog I Instagram
Governance Vote Live. Shibes, the governance vote is now live.
Governance Vote Live! 🗣
Shibes, the governance vote is now live! 🗳
👉 http://dogegress.dog
Vote with your veDC now for the Quorum Threshold Removal on future and past governance votes.
The vote will last until June 4th, so you only have 4 days to express your opinion! 🔥
Dogechain is bringing DeFi & long awaited utility to Dogecoin. Join the family! 🚀
Website I Twitter I Discord I TikTok I Reddit I Blog I Instagram