Dear ApolloX Users,ApolloX will start the voting round for its sixth core proposal. We welcome all users to join our 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: 7 daysVoting link: <a href="https://snapshot.org/#/apolloxdao.eth/proposal/0x1158df5b1e0c037acae1028076a13205182abe27ca884cc18e3b8b9609152ac9" rel="noopener noreferrer nofollow">https://snapshot.org/#/apolloxdao.eth/proposal/0x1158df5b1e0c037acae1028076a13205182abe27ca884cc18e3b8b9609152ac9</a>Proposal Details:Dear ApolloX users,The Trading Rewards Program has <a href="https://apollox.zendesk.com/hc/en-us/articles/11347642967961" rel="noopener noreferrer nofollow">successfully launched 30 epochs</a> since its commencement. Based on community suggestions and feedback, ApolloX will reduce the trading rewards amount in each epoch and the reduction amount will be determined by user’s votes.This adjustment will take effect on 15th November 2022 once the vote has passed and the excess APX will be scheduled to be burned.Option 1: After adjustment, the Trading Fees Contribution reward pool will be 680,000 APX while Market Maker Trading Volume Contributions reward pool will be 160,000 APXOption 2: After adjustment, the Trading Fees Contribution reward pool will be 600,000 APX while Market Maker Trading Volume Contributions reward pool will be 140,000 APXMore 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-06] Adjustment of Trading Rewards Amount

APX

Egyéb ezen a dátumon (2022. nov. 4.) megosztott cikkek

How SaTT reached 100K on CoinMarketCap in 2 Days?

Pay with your BChat Messenger, Pay As You Chat

Texture Raises $5M in Funding for the Development of Solana-Based Yield Management Tools

Blocto's $3M Aptos Ecosystem Fund Is Now Live

Introducing — Mini Games

AgeOfGods What is Next? 2.0

Join our free newsletter for daily crypto updates!