Executed

Moving Legacy Balances to MetaMask


Proposal ID

639289...6211

Proposed

Oct 3rd, 2023

Result details
Final Votes

Quorum

211.96K of 0

Majority support

Yes

For

211.96K

Against

100

Abstain

0

Proposal

To facilitate the utilization of legacy balances on our new platform while ensuring efficient and transparent control over your assets, we have received a proposal outlining a seamless solution. This involves the creation of two tokens that you will personally hold, placing you at the helm of your financial destiny. Given that the new platform exclusively supports transactions via MetaMask, utilizing these tokens is the only way for you to interact with your balances with absolute transparency. As we have emphasized numerous times, it is crucial for all operations to occur on the blockchain.

Daxio Legacy Token This token serves as a representation of your value and can be utilized on the platform on a one-to-one basis. It unlocks a host of exciting features, including:

• Swapping the Legacy Token for cryptocurrencies at your preferred pace. • Enabling purchases within the platform. • Facilitating the minting of NFTs. • Swapping for payouts from the Relief Fund. • Burning the token when desired.

The maximum supply of this token will correspond to the total amount held in legacy wallets. It will be fully minted and burnable. Every time this token is employed for any purpose on the platform, it will be permanently removed from circulation by burning it!

Playdax Token This token represents your Playdax balance and empowers Daxio to forge ahead with the Playdax Trading Game, a highly requested feature among our users. The maximum supply of this token will match the total amount of Playdax held in Playdax wallets. Similar to the Daxio Legacy Token, it will be fully minted and will offer burning functionality.

Both tokens will be created as standard ERC20 Tokens, featuring open code and verified source. Rest assured, all users will have the opportunity to claim their tokens via the platform, following a process similar to withdrawing SDAX.

Please note that any spelling errors or inconsistencies in the original text have been corrected for enhanced clarity and accuracy.

Final Votes

Quorum

211.96K of 0

Majority support

Yes

For

211.96K

Against

100

Abstain

0

Final Votes
Status

Tue Oct 3, 05:06 am

Draft created

Tue Oct 3, 05:05 am

Published onchain

Mon Oct 9, 08:25 am

Voting period started

Mon Oct 16, 08:25 am

Voting period ended

Wed Oct 11, 09:58 am

Proposal executed