Dear ApolloX users,Following suggestions from our community, ApolloX has opened voting for our fifth core proposal. All users are welcome to join the official <a href="https://discord.com/channels/875290622553116702/875290622553116705" rel="noopener noreferrer nofollow">ApolloX Discord Forum</a> to engage in discussions and to cast your vote through <a href="https://snapshot.org/#/apolloxdao.eth" rel="noopener noreferrer nofollow">Snapshot</a>.Proposal details:Proposer: ApolloX DAO AdministratorQuorum vote requirement: Total power value reaching 5 million votesVoting time: 6 daysVoting link: <a href="https://snapshot.org/#/apolloxdao.eth/proposal/0x60d1a63ff2b704df7d69efa4fb0ce5a0209e236c0978db0055f5f00c663a421e" rel="noopener noreferrer nofollow">https://snapshot.org/#/apolloxdao.eth/proposal/0x60d1a63ff2b704df7d69efa4fb0ce5a0209e236c0978db0055f5f00c663a421e</a>Proposal Details:Dear user,To further reduce APX circulating supply in the market, ApolloX plans to initiate a proposal to reduce the amount of APX rewards earned in APX-BUSD LP staking. The extra reward tokens after the adjustment will be added into the LP staking contract and will not circulate in the market.The LP staking rewards amount is calculated according to a single block reward of 3 APX, and the formula is as follows:User’s current block reward&#61; APX output of a single block * the number of LPs staked by the user in the current block/the total number of LPs staked in the current block.Depending on the voting results, the APX output produced by a single block could be reduced to 1.5 or 2. Otherwise, there will be no change to the output. After the vote has passed, the parameters will be amended and this will take effect the following day.Option 1: Reduce APX output to 2Option 2: Reduce APX output to 1.5Option 3: No changeMore details about ApolloX DAO can be found in <a href="https://apollox-finance.gitbook.io/apollox-finance/apollox-dao/governance" rel="noopener noreferrer nofollow">Governance</a>.Thank you for your support!Risk Warning: Crypto futures trading carries a substantial risk. All trading activities are done at your discretion and at your own risk. The information here should not be regarded as financial or investment advice from ApolloX. ApolloX will not be liable for any loss that might arise from your use of ApolloX.

[Proposal-05] Reduce the amount of APX rewards earned in APX-BUSD LP staking

APX

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