Citadel.one DAO off-chain proposal #3. Expand the XCT reward program on all newly integrated networks
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Summary
Citadel.one Foundation proposes including all integrated (both current and future) networks to the XCT reward incentive program until on-chain governance is implemented.Background
$JUNO and $COMDEX networks have been added to the Citadel.one platform recently, but are not eligible for the $XCT rewards program yet. With $DVPN, $HUAHUA, $XPRT, $STARS, $INJ, $UMEE, and hopefully $EVMOS coming this month, Citadel.one is finally scaling fast.
Considering XCT governance integration is still in development and may take up to 2 months to implement, we believe that it would be more productive to automatically expand the XCT reward program on all newly integrated networks until then.Motivation
Since the launch of the XCT Incentive program for the networks listed above, TVL on Citadel.one nodes has shown a significant uprise. We believe that adding more networks to the XCT rewards program will bring value to our users and encourage people to delegate even more on our nodes.Specification
In case of the successful outcome of this proposal, $JUNO, $CMDX as well as all stakers of newly integrated networks will be included in the XCT Incentive program. The inflation parameters won’t be changed, instead, the rewards stream for staking other assets will be broken down into as many streams as the number of integrated to Citadel.one networks.
Proposal discussion period: 08.02.2021 - 22.02.2022NOTE: This is a soft proposal and will only be discussed on the forum without going on-chain. Our development roadmap is very busy with all the product releases. There is no room to integrate a full-scale governance tool into the Citadel.one platform just yet. Once DAO functionality is released, proposals of this kind will be decided on-chain.
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Yes yes yes ... and ... yes !
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I vote in favor of the proposal.
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Yes definitely yes !!
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@iamvlad No.
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Huge YES !
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I agree. It makes sense.
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Of course yes.
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Yes. Expand reward program for all newly integrated networks.
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@iamvlad да, согласен
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@iamvlad
I vote in favor of the proposal. -
Sounds like a great plan to me.
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Yes, I vote in favor
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I vote yes.
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This post is deleted! -
Of course I vote Yes for this proposal
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Of course, yes !
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Yes agreed
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Fully support this proposal!