In line with the previously approved Tokenomics proposal and paving the way for our IDO/TGE, we are now adding some extra incentives for those who have been supporting EMDX and trading on the platform.
As we approach the TGE event, we’d like to reward users who have joined us along the way since we launched on mainnet this past June.
Mainly, we are proposing:
- Fee rebates
- EMDX token rewards
Rewards will be distributed based on the following parameters:
This reward scheme will apply retroactively, from Sep 22, 2022 until the EMDX TGE takes place.
Should we pass this proposal to MGV (Motion Granted for Voting)?
The CMS phase is open for voting until Tuesday, October 25th at 4 p.m. UTC. After that time and based on the results, it will either proceed to MGV (Motion Granted for Voting) or not.
After been approved on the CMS Phase, the proposal advanced to the MGV (Motion Granted for Voting) stage. Tokenholders can now vote on Snapshot .
The proposal was approved on the Snapshot last phase, indicating that it has passed.