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    Citadel.one DAO off-chain proposal #3. Expand the XCT reward program on all newly integrated networks

    Citadel.one DAO Proposals
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    • I
      iamvlad last edited by iamvlad

      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​​.
      73065ead-3b1b-4f42-9681-a6279f980f19.png
      Proposal discussion period: 08.02.2021 - 22.02.2022

      NOTE: 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.

      papamchik M V H K 6 Replies Last reply Reply Quote 6
      • P
        Phil_RX last edited by

        Yes yes yes ... and ... yes !

        1 Reply Last reply Reply Quote 0
        • M
          Mystique last edited by

          I vote in favor of the proposal.

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          • K
            kryptogreek last edited by

            Yes definitely yes !!

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            • papamchik
              papamchik @iamvlad last edited by

              @iamvlad No.

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              • R
                Rayak last edited by

                Huge YES !

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                • T
                  TargetD last edited by

                  I agree. It makes sense.

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                  • J
                    Julie last edited by

                    Of course yes.

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                    • N
                      nosnetram last edited by

                      Yes. Expand reward program for all newly integrated networks.

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                      • M
                        macolch @iamvlad last edited by

                        @iamvlad да, согласен

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                        • V
                          vladkrat @iamvlad last edited by

                          @iamvlad
                          I vote in favor of the proposal.

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                          • C
                            CarltonRod last edited by

                            Sounds like a great plan to me.

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                            • M
                              Madrian Butter last edited by

                              Yes, I vote in favor

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                              • Z
                                zead1988 last edited by

                                I vote yes.

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                                • S
                                  Stefdobrazil last edited by

                                  This post is deleted!
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                                  • S
                                    Stefdobrazil last edited by

                                    Of course I vote Yes for this proposal
                                    👍

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                                    • A
                                      Atreyu1 last edited by

                                      Of course, yes !

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                                      • N
                                        nikobono last edited by

                                        Yes agreed

                                        B 1 Reply Last reply Reply Quote 0
                                        • B
                                          bumer.pav @nikobono last edited by

                                          This post is deleted!
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                                          • T
                                            toucanstarman last edited by

                                            Fully support this proposal!

                                            1 Reply Last reply Reply Quote 0
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