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This repository has been archived by the owner on Mar 3, 2021. It is now read-only.
A monthly proposal planned to last over the course of 6 months. These funds will be allocated via scripts to subsidise our quasi - "Proof of Brain" consensus algorithm, as originally intended from the SUB1X whitepaper.
The revision in total funds allocated will be determined by separate proposals that take place for voting in December and January. For future months, the amount has not been set in stone and this will primarily depend on the price of SUB1X at that time, as well as expected portal usage on launch.
Please note, that by no means are node holders expected to vote in favour of the plan above. The point of governance is to cast a vote reflecting your opinion and not to be coerced into voting for something you are against . If you disagree with the method of raising SUB1X, or the amount of coins being allocated, post a comment below.
Proposal creator Discord user
willdono#3607
Address where funds would be sent to
ZRuvWqoeiqc3Q52QSBQqwd7664nSDBEN4w
The text was updated successfully, but these errors were encountered:
Hi,
I'm new to voting in sub1x. can you please explain better the method of funds raising? I don't understand if the funds will be raised by collecting sub1x from MN's wallets or from the blockchain itself.
Can you please explain better the purpose of this fund raising?
thanks
Requested funds
A monthly proposal planned to last over the course of 6 months. These funds will be allocated via scripts to subsidise our quasi - "Proof of Brain" consensus algorithm, as originally intended from the SUB1X whitepaper.
September: 50 SUB1X
October: 50 SUB1X
November: 50 SUB1X
December: 150 SUB1X
January: 200 SUB1X
February: 200 SUB1X
March: N/A - Not determined yet
The revision in total funds allocated will be determined by separate proposals that take place for voting in December and January. For future months, the amount has not been set in stone and this will primarily depend on the price of SUB1X at that time, as well as expected portal usage on launch.
Please note, that by no means are node holders expected to vote in favour of the plan above. The point of governance is to cast a vote reflecting your opinion and not to be coerced into voting for something you are against . If you disagree with the method of raising SUB1X, or the amount of coins being allocated, post a comment below.
Proposal creator Discord user
willdono#3607
Address where funds would be sent to
ZRuvWqoeiqc3Q52QSBQqwd7664nSDBEN4w
The text was updated successfully, but these errors were encountered: