CIP-16 : The sixteenth proposal of the Cratos DAO is available now.
With respect to the current reward standard, should we consider extending the deadline to May 31st, 2024?
We would like to express our gratitude for your support and involvement in the DAO.
Today, we’re excited to bring your attention to the latest proposal from the Cratos DAO, CIP-16, which calls for your valuable input and decision-making.
As active participants in the Cratos community, we extend our heartfelt gratitude for your continued support and engagement. It’s your dedication that propels the growth and evolution of our platform, making it a vibrant hub for interaction and rewards.
Before delving into the details of CIP-16, let’s recap the recent developments. You may recall that our previous proposal, CIP-15, received your overwhelming approval, extending the deadline of the daily token reward limit under the current reward standard until April 30th, 2024. This extension was crucial in maintaining the momentum and incentivizing user activity within our ecosystem.
Now, with CIP-16, we face a similar pivotal decision as CIP-15 regarding the duration of the current reward standard. As outlined in the proposal, the question at hand is whether to extend the end date of the current reward standard from April 30th, 2024, to May 31st, 2024.
BACKGROUND
On the Cratos mobile app, users can receive rewards for the following actions during the current period of August 1st, 2022, to April 30th, 2024:
Reward Standard
Current period : Aug 1st 2022 to April 30th, 2024
Amount:
Registration 500 CRTS (one-time only)
Vote participation 2 CRTS (daily limit of 140 CRTs)
Vote generation 25 CRTS (daily limit of 25 CRTS)
Comment 5 CRTS (daily limit of 10 CRTS)
Every Six months, the reward is halved to manage token supply in the market. A new standard will be implemented on May 1st, 2024. However, many users still wish to continue the current reward standard as it is a useful way to attract new users.
PROPOSAL
The following proposal is presented,
“Should we extend the current reward standard end date, as described above, to May 31st, 2024?”
If you agree, select ‘For’.
If you don’t agree, select ‘Against’.
If you decline to vote, select ‘Abstain’.
Thank you so much for your participation and support.
Related links:
Cratos DAO https://snapshot.org/#/cratos.eth
Telegram https://t.me/CratosOfficial
Medium https://medium.com/@cratostoken/
Twitter https://twitter.com/cratostoken
Website https://www.cratostoken.com/
CoinMarketCap https://coinmarketcap.com/currencies/cratos/
