CIP-17 : The seventeenth proposal of the Cratos DAO is available now.

With respect to the current reward standard, should we consider extending the deadline to June 30th, 2024?

Cratostoken
2 min readMay 15, 2024

We would like to express our gratitude for your support and involvement in the DAO.

Previously, proposal CIP-16 was approved, which extended the daily token reward limit under the current reward standard until 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 May 31st, 2024:

Reward Standard

  • Current period : Aug 1st 2022 to May 31st, 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 June 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 June 30th, 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.

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Cratostoken
Cratostoken

Written by Cratostoken

CRATOS is an ERC-20 utility token designed to facilitate citizen participation in the CRATOS app, a real-time live vote platform.

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