Vote on FlatQube DAO 🗳
The vote on the amount of rewards in the farming pools (Epoch 23) is now active on FlatQube DAO. The vote will last until September 3.
To participate in this epoch, you need veQUBE virtual tokens, which are issued in exchange for locked QUBE tokens. The maximum locking period is 4 years.
The veQUBE formula
All pools that get from 1–35% of the votes will get rewards. The rewards will be split up and distributed according to the percentage of votes a pool receives. All pools that receive less than 1% of the votes won’t get rewards and their votes will be allocated to other pools. For pools that receive more than 35%, once the voting period ends, the surplus will be to the treasury.
How to get veQUBE and vote
• Go to the Balance management tab
• Select the QUBE locking period: from 14 to 1460 days. The longer the locking period, the more veQUBE you get.
• Return to the DAO tab and vote for one or more farming pools. You can vote only once at one 14-day Epoch.
#flatqube #qube #dao #vote #post
The vote on the amount of rewards in the farming pools (Epoch 23) is now active on FlatQube DAO. The vote will last until September 3.
To participate in this epoch, you need veQUBE virtual tokens, which are issued in exchange for locked QUBE tokens. The maximum locking period is 4 years.
The veQUBE formula
veQUBE = QUBE * lock time / max lock time
Voting mechanicsAll pools that get from 1–35% of the votes will get rewards. The rewards will be split up and distributed according to the percentage of votes a pool receives. All pools that receive less than 1% of the votes won’t get rewards and their votes will be allocated to other pools. For pools that receive more than 35%, once the voting period ends, the surplus will be to the treasury.
How to get veQUBE and vote
• Go to the Balance management tab
• Select the QUBE locking period: from 14 to 1460 days. The longer the locking period, the more veQUBE you get.
• Return to the DAO tab and vote for one or more farming pools. You can vote only once at one 14-day Epoch.
#flatqube #qube #dao #vote #post
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Pool of unknown tokens has got 20% of votes on FlatQube ⚡️
According to the voting results in Epoch 23 for the farming yields distribution, a pair of new unknown tokens, GVMMNY/INDMNY, has gathered 20% of votes, only surpassed by the leader of the voting, the QUBE/WEVER pair.
FlatQube users are concerned that this "fool pool" will now receive a 12,849 QUBE reward (~$5,000) "for zero utility" and "at the expense of other participants". Users have already deciphered the possible token names as "Give me money" and "I need money".
The situation appears to be ambiguous. On one hand, the action of the pool creator can be seen as detrimental to the exchange and its users, but on the other hand, FlatQube is a DEX where the rules are the same for everyone. Imposing any restrictions on the pool now could tarnish the reputation of the DEX itself.
In community chats, among the reasons for the incident, the low voting activity is mentioned, as well as the imperfection of the yields distribution system, which is managed in a decentralized manner. Some holders ask to put the decision on yields distribution to the GVMMNY/INDMNY pool to the EVER DAO.
Stay tuned for more updates.
💬 Share your opinion in the comments below
#ever #qube #flatqube #vote #dao #farming #post
According to the voting results in Epoch 23 for the farming yields distribution, a pair of new unknown tokens, GVMMNY/INDMNY, has gathered 20% of votes, only surpassed by the leader of the voting, the QUBE/WEVER pair.
FlatQube users are concerned that this "fool pool" will now receive a 12,849 QUBE reward (~$5,000) "for zero utility" and "at the expense of other participants". Users have already deciphered the possible token names as "Give me money" and "I need money".
The situation appears to be ambiguous. On one hand, the action of the pool creator can be seen as detrimental to the exchange and its users, but on the other hand, FlatQube is a DEX where the rules are the same for everyone. Imposing any restrictions on the pool now could tarnish the reputation of the DEX itself.
In community chats, among the reasons for the incident, the low voting activity is mentioned, as well as the imperfection of the yields distribution system, which is managed in a decentralized manner. Some holders ask to put the decision on yields distribution to the GVMMNY/INDMNY pool to the EVER DAO.
Stay tuned for more updates.
#ever #qube #flatqube #vote #dao #farming #post
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Broxus commented the GVMMNY/INDMNY pool case 👛
A representative of the Broxus team commented on the situation with the liquidity pool🗣
"The pool became a candidate and participated in the voting, and then received a farming reward in full compliance with all FlatQube rules (the required amount of QUBE was paid to enter the voting list, and the system automatically allowed the pool to participate in the voting, after which the pool received fair veQUBE). We will not exclude it from farming, especially manually".
"Conclusions will be drawn (and possibly changes will be made) within the next two weeks based on this situation — while the current epoch is ongoing".
The atmosphere in the chats remains tense.
Some users think that if the current structure of farming yield distribution doesn’t bring benefits to QUBE holders, it should be changed. On the other hand, users themselves decide whether to lock liquidity or not. As well as buying the token always means risks, which everyone takes on themselves.
As a protest message, user Tortuga proposed to vote for his new liquidity pool and promised to share some tokens.
We will continue to follow the situation.
#ever #qube #flatqube #farming #post
A representative of the Broxus team commented on the situation with the liquidity pool
"The pool became a candidate and participated in the voting, and then received a farming reward in full compliance with all FlatQube rules (the required amount of QUBE was paid to enter the voting list, and the system automatically allowed the pool to participate in the voting, after which the pool received fair veQUBE). We will not exclude it from farming, especially manually".
"Conclusions will be drawn (and possibly changes will be made) within the next two weeks based on this situation — while the current epoch is ongoing".
The atmosphere in the chats remains tense.
Some users think that if the current structure of farming yield distribution doesn’t bring benefits to QUBE holders, it should be changed. On the other hand, users themselves decide whether to lock liquidity or not. As well as buying the token always means risks, which everyone takes on themselves.
As a protest message, user Tortuga proposed to vote for his new liquidity pool and promised to share some tokens.
We will continue to follow the situation.
#ever #qube #flatqube #farming #post
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A strange candidate has appeared again on FlatQube DAO 🧐
Tomorrow (06.09.23), voting for the 24th epoch will begin at FlatQube DAO. The list of candidates once again includes an interesting pool — CSFT/FTSC. Perhaps the community decided to have some fun after the 23rd epoch, but we are already waiting to see how it turns out.
P.S. The pool has a note saying "The farming pool reward balance is too low. We don’t recommend investing in this pool now."
#farming #flatqube #dao #news #post
Tomorrow (06.09.23), voting for the 24th epoch will begin at FlatQube DAO. The list of candidates once again includes an interesting pool — CSFT/FTSC. Perhaps the community decided to have some fun after the 23rd epoch, but we are already waiting to see how it turns out.
P.S. The pool has a note saying "The farming pool reward balance is too low. We don’t recommend investing in this pool now."
#farming #flatqube #dao #news #post
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"Just DAO it" — an official reaction from Broxus 🐭
DAO means decentralized autonomous organization. It’s a place where user's vote determines farming rewards on the FlatQube DEX.
In the last Epoch, the GVMMNY/INDMNY pool appeared as a voting candidate and received part of the rewards but previously he:
⏺ paid 1k QUBE for the pool listing
⏺ locked 33k QUBE for 4 years in order to vote
So the pool creator didn't bypass the system, but simply seized the moment of the low activity in the DAO. What todo do: vote more actively for your favorite pools!
"We will upgrade the system, and later we’ll be announcing some improvements to the pool listing mechanism and proposals release" — pointed out the developer.
🔗 Read the original post by Broxus
#ever #broxus #farming #qube #flatqube #dao #post
DAO means decentralized autonomous organization. It’s a place where user's vote determines farming rewards on the FlatQube DEX.
In the last Epoch, the GVMMNY/INDMNY pool appeared as a voting candidate and received part of the rewards but previously he:
So the pool creator didn't bypass the system, but simply seized the moment of the low activity in the DAO. What todo do: vote more actively for your favorite pools!
"We will upgrade the system, and later we’ll be announcing some improvements to the pool listing mechanism and proposals release" — pointed out the developer.
#ever #broxus #farming #qube #flatqube #dao #post
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Voting results in Epoch #24 on FlatQube DAO 🗳
Epoch 24 and voting on the distribution of awards between new farming pools for the next farming period (14 days), has ended on FlatQube DAO.
veQUBE voted in total: 161 136.
Distribution of votes between pools:
⏺ GVMMNY/INDMNY — 25%
⏺ CSFT/FTSC — 24.97%
⏺ WBTC/WEVER — 8.81%
⏺ WETH/WEVER — 6.66%
⏺ WEVER/USDT — 6.47%
⏺ WBTC/BRIDGE — 6.06%
⏺ QUBE/WEVER — 5.33%
⏺ USDT/USDC — 4.1%
⏺ WEVER/USDC — 3.13%
⏺ WEVER/DAI — 3.1%
⏺ WEVER/BRIDGE — 2.62%
⏺ PUMP/QUBE — 2.53%
⏺ QUBE/BRIDGE — 1.16%
The award will be distributed among the pools, according to the percentage of votes received by the pool.
#flatqube #qube #dao #ever #vote #post
Epoch 24 and voting on the distribution of awards between new farming pools for the next farming period (14 days), has ended on FlatQube DAO.
veQUBE voted in total: 161 136.
Distribution of votes between pools:
The award will be distributed among the pools, according to the percentage of votes received by the pool.
#flatqube #qube #dao #ever #vote #post
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Now on FlatQube DAO, you can vote for the addition of pools to epochs 🗳
After new and unknown pools received the majority of votes in epochs 23 and 24 on FlatQube DAO, Broxus has developed a new mechanism for adding pools to epochs.
Now proposals for the participation of new candidates and the removal of pools in epochs will be put forward on FlatQube DAO. If the proposal is approved, it will be automatically executed on-chain.
If a user wants to submit a proposal for the participation of a new candidate in the voting, they will need 10,000 veQUBE. The proposal will be considered approved if it receives a majority of "for" votes (at least 50,000).
#flatqube #dao #epoch #vote #news #post
After new and unknown pools received the majority of votes in epochs 23 and 24 on FlatQube DAO, Broxus has developed a new mechanism for adding pools to epochs.
Now proposals for the participation of new candidates and the removal of pools in epochs will be put forward on FlatQube DAO. If the proposal is approved, it will be automatically executed on-chain.
If a user wants to submit a proposal for the participation of a new candidate in the voting, they will need 10,000 veQUBE. The proposal will be considered approved if it receives a majority of "for" votes (at least 50,000).
#flatqube #dao #epoch #vote #news #post
Vote on FlatQube DAO 🗳
The vote on the amount of rewards in the farming pools (Epoch 25) is now active on FlatQube DAO. The vote will last until October 1. By the way, there are no unexpected pools this time😉
To participate in this epoch, you need veQUBE virtual tokens, which are issued in exchange for locked QUBE tokens. The maximum locking period is 4 years.
The veQUBE formula
All pools that get from 1–35% of the votes will get rewards. The rewards will be split up and distributed according to the percentage of votes a pool receives. All pools that receive less than 1% of the votes won’t get rewards and their votes will be allocated to other pools. For pools that receive more than 35%, once the voting period ends, the surplus will be to the treasury.
How to get veQUBE and vote
• Go to the Balance management tab
• Select the QUBE locking period: from 14 to 1460 days. The longer the locking period, the more veQUBE you get.
• Return to the DAO tab and vote for one or more farming pools. You can vote only once at one 14-day Epoch.
#flatqube #qube #dao #vote #post
The vote on the amount of rewards in the farming pools (Epoch 25) is now active on FlatQube DAO. The vote will last until October 1. By the way, there are no unexpected pools this time
To participate in this epoch, you need veQUBE virtual tokens, which are issued in exchange for locked QUBE tokens. The maximum locking period is 4 years.
The veQUBE formula
veQUBE = QUBE * lock time / max lock time
Voting mechanicsAll pools that get from 1–35% of the votes will get rewards. The rewards will be split up and distributed according to the percentage of votes a pool receives. All pools that receive less than 1% of the votes won’t get rewards and their votes will be allocated to other pools. For pools that receive more than 35%, once the voting period ends, the surplus will be to the treasury.
How to get veQUBE and vote
• Go to the Balance management tab
• Select the QUBE locking period: from 14 to 1460 days. The longer the locking period, the more veQUBE you get.
• Return to the DAO tab and vote for one or more farming pools. You can vote only once at one 14-day Epoch.
#flatqube #qube #dao #vote #post
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First proposal on FlatQube DAO ⚡️
As we reported earlier, the mechanism for adding pools to epochs has changed on FlatQube DAO. Now users can submit proposals related to epochs for voting.
Currently, there is a vote on FlatQube DAO for a proposal to increase the boost coefficient for locking veQUBE from 1.5 to 5. According to the proposal, these changes are necessary because there are liquidity providers in the network who have diversified their investments and do not need to vote for any of the pools. Therefore, such providers can constantly receive rewards without locking veQUBE.
This reward needs to be decreased until favorable market conditions are met.
Head to the proposal 🔗
#flatqube #dao #vote #news #post
As we reported earlier, the mechanism for adding pools to epochs has changed on FlatQube DAO. Now users can submit proposals related to epochs for voting.
Currently, there is a vote on FlatQube DAO for a proposal to increase the boost coefficient for locking veQUBE from 1.5 to 5. According to the proposal, these changes are necessary because there are liquidity providers in the network who have diversified their investments and do not need to vote for any of the pools. Therefore, such providers can constantly receive rewards without locking veQUBE.
This reward needs to be decreased until favorable market conditions are met.
Head to the proposal 🔗
#flatqube #dao #vote #news #post
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To be or not to be? Rewards for new pools? 🕒
Voting is currently taking place on FlatQube DAO for proposals regarding the listing of GVMMNY/INDMNY and CSFT/FTSC pools in epochs.
At the moment, the votes are evenly distributed (56% for and 44% against), so every vote counts!
A "for" vote victory would mean the introduction of these pools as candidates for farming rewards in epochs. A "against" vote victory would exclude them completely from reward distribution.
Hurry up! There are less than 14 hours left until the voting ends. Your vote is your veQUBE, which you can obtain by locking QUBE.
🗳 Head to the DAO and vote
#ever #farming #vote #flatqube #dao #proposal #post
Voting is currently taking place on FlatQube DAO for proposals regarding the listing of GVMMNY/INDMNY and CSFT/FTSC pools in epochs.
At the moment, the votes are evenly distributed (56% for and 44% against), so every vote counts!
A "for" vote victory would mean the introduction of these pools as candidates for farming rewards in epochs. A "against" vote victory would exclude them completely from reward distribution.
Hurry up! There are less than 14 hours left until the voting ends. Your vote is your veQUBE, which you can obtain by locking QUBE.
🗳 Head to the DAO and vote
#ever #farming #vote #flatqube #dao #proposal #post
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New proposals on FlatQube DAO ⚡️
It seems that the new voting mechanism on FlatQube DAO has caught the interest of the community as the platform is filled with proposals. Here are the latest ones:
• NFT for stimulating the development of FlatQube. The proposal starts on September 29th at 14:21 (UTC)
• Additional boost for the QUBE/EVER pool in the form of 15% of all epoch votes. The proposal starts on September 29th at 14:31 (UTC)
• Additional boost for the QUBE/EVER pool in the form of 15% from the FlatQube treasury. The proposal starts on September 29th at 14:34 (UTC)
• Removal of the maximum reward share restriction from the QUBE/EVER pool. The proposal starts on September 29th at 14:37 (UTC)
FlatQube DAO is waiting for your votes!
#flatqube #dao #vote #proposal #news #post
It seems that the new voting mechanism on FlatQube DAO has caught the interest of the community as the platform is filled with proposals. Here are the latest ones:
• NFT for stimulating the development of FlatQube. The proposal starts on September 29th at 14:21 (UTC)
• Additional boost for the QUBE/EVER pool in the form of 15% of all epoch votes. The proposal starts on September 29th at 14:31 (UTC)
• Additional boost for the QUBE/EVER pool in the form of 15% from the FlatQube treasury. The proposal starts on September 29th at 14:34 (UTC)
• Removal of the maximum reward share restriction from the QUBE/EVER pool. The proposal starts on September 29th at 14:37 (UTC)
FlatQube DAO is waiting for your votes!
#flatqube #dao #vote #proposal #news #post
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Voting results in Epoch #25 on FlatQube DAO 🗳
Epoch 25 and voting on the distribution of awards between new farming pools for the next farming period (14 days), has ended on FlatQube DAO.
veQUBE voted in total: 221 145.
Distribution of votes between pools:
⏺ WBTC/BRIDGE — 28.86%
⏺ QUBE/WEVER — 25.46%
⏺ WBTC/WEVER — 13.26%
⏺ WETH/WEVER — 9.42%
⏺ WEVER/USDT — 7.24%
⏺ WEVER/USDC — 4.07%
⏺ WEVER/DAI — 4.06%
⏺ USDT/USDC — 3.59%
⏺ WEVER/BRIDGE — 3.03%
⏺ QUBE/BRIDGE — 0%
The award will be distributed among the pools, according to the percentage of votes received by the pool.
#flatqube #qube #dao #ever #vote #post
Epoch 25 and voting on the distribution of awards between new farming pools for the next farming period (14 days), has ended on FlatQube DAO.
veQUBE voted in total: 221 145.
Distribution of votes between pools:
The award will be distributed among the pools, according to the percentage of votes received by the pool.
#flatqube #qube #dao #ever #vote #post
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Voting results on FlatQube DAO 🗳
Recently, a series of votes were completed on FlatQube DAO regarding the following proposals:
• NFT to incentivize the development of FlatQube
• Additional boost for the QUBE/EVER pool, consisting of 15% of all epoch votes
• Additional boost for the QUBE/EVER pool, consisting of 15% from the FlatQube treasury
• Removal of the maximum reward share limit from the QUBE/EVER pool
All proposals were rejected. It's interesting to see what the next vote will be🤔
#flatqube #dao #vote #proposal #post
Recently, a series of votes were completed on FlatQube DAO regarding the following proposals:
• NFT to incentivize the development of FlatQube
• Additional boost for the QUBE/EVER pool, consisting of 15% of all epoch votes
• Additional boost for the QUBE/EVER pool, consisting of 15% from the FlatQube treasury
• Removal of the maximum reward share limit from the QUBE/EVER pool
All proposals were rejected. It's interesting to see what the next vote will be
#flatqube #dao #vote #proposal #post
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Vote on FlatQube DAO 🗳
The vote on the amount of rewards in the farming pools (Epoch 26) is now active on FlatQube DAO. The vote will last until October 15. By the way, there are no unexpected pools this time😉
To participate in this epoch, you need veQUBE virtual tokens, which are issued in exchange for locked QUBE tokens. The maximum locking period is 4 years.
The veQUBE formula
All pools that get from 1–35% of the votes will get rewards. The rewards will be split up and distributed according to the percentage of votes a pool receives. All pools that receive less than 1% of the votes won’t get rewards and their votes will be allocated to other pools. For pools that receive more than 35%, once the voting period ends, the surplus will be to the treasury.
How to get veQUBE and vote
• Go to the Balance management tab
• Select the QUBE locking period: from 14 to 1460 days. The longer the locking period, the more veQUBE you get.
• Return to the DAO tab and vote for one or more farming pools. You can vote only once at one 14-day Epoch.
#flatqube #qube #dao #vote #post
The vote on the amount of rewards in the farming pools (Epoch 26) is now active on FlatQube DAO. The vote will last until October 15. By the way, there are no unexpected pools this time
To participate in this epoch, you need veQUBE virtual tokens, which are issued in exchange for locked QUBE tokens. The maximum locking period is 4 years.
The veQUBE formula
veQUBE = QUBE * lock time / max lock time
Voting mechanicsAll pools that get from 1–35% of the votes will get rewards. The rewards will be split up and distributed according to the percentage of votes a pool receives. All pools that receive less than 1% of the votes won’t get rewards and their votes will be allocated to other pools. For pools that receive more than 35%, once the voting period ends, the surplus will be to the treasury.
How to get veQUBE and vote
• Go to the Balance management tab
• Select the QUBE locking period: from 14 to 1460 days. The longer the locking period, the more veQUBE you get.
• Return to the DAO tab and vote for one or more farming pools. You can vote only once at one 14-day Epoch.
#flatqube #qube #dao #vote #post
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Voting results in Epoch #26 on FlatQube DAO 🗳
Epoch 26 and voting on the distribution of awards between new farming pools for the next farming period (14 days), has ended on FlatQube DAO.
veQUBE voted in total: 120 851.
Distribution of votes between pools:
⏺ QUBE/WEVER — 34.99%
⏺ WBTC/BRIDGE — 34.99%
⏺ WBTC/WEVER — 7.7%
⏺ USDT/USDC — 4.49%
⏺ QUBE/BRIDGE — 1.84%
⏺ WEVER/USDC — 1.79%
⏺ WEVER/BRIDGE — 0%
⏺ WEVER/USDT — 0%
⏺ WETH/WEVER — 0%
The award will be distributed among the pools, according to the percentage of votes received by the pool.
#flatqube #qube #dao #ever #vote #post
Epoch 26 and voting on the distribution of awards between new farming pools for the next farming period (14 days), has ended on FlatQube DAO.
veQUBE voted in total: 120 851.
Distribution of votes between pools:
The award will be distributed among the pools, according to the percentage of votes received by the pool.
#flatqube #qube #dao #ever #vote #post
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Vote on FlatQube DAO 🗳
The vote on the amount of rewards in the farming pools (Epoch 27) starts today on FlatQube DAO. The vote will last until October 29.
To participate in this epoch, you need veQUBE virtual tokens, which are issued in exchange for locked QUBE tokens. The maximum locking period is 4 years.
The veQUBE formula
All pools that get from 1–35% of the votes will get rewards. The rewards will be split up and distributed according to the percentage of votes a pool receives. All pools that receive less than 1% of the votes won’t get rewards and their votes will be allocated to other pools. For pools that receive more than 35%, once the voting period ends, the surplus will be to the treasury.
How to get veQUBE and vote
• Go to the Balance management tab
• Select the QUBE locking period: from 14 to 1460 days. The longer the locking period, the more veQUBE you get.
• Return to the DAO tab and vote for one or more farming pools. You can vote only once at one 14-day Epoch.
#flatqube #qube #dao #vote #post
The vote on the amount of rewards in the farming pools (Epoch 27) starts today on FlatQube DAO. The vote will last until October 29.
To participate in this epoch, you need veQUBE virtual tokens, which are issued in exchange for locked QUBE tokens. The maximum locking period is 4 years.
The veQUBE formula
veQUBE = QUBE * lock time / max lock time
Voting mechanicsAll pools that get from 1–35% of the votes will get rewards. The rewards will be split up and distributed according to the percentage of votes a pool receives. All pools that receive less than 1% of the votes won’t get rewards and their votes will be allocated to other pools. For pools that receive more than 35%, once the voting period ends, the surplus will be to the treasury.
How to get veQUBE and vote
• Go to the Balance management tab
• Select the QUBE locking period: from 14 to 1460 days. The longer the locking period, the more veQUBE you get.
• Return to the DAO tab and vote for one or more farming pools. You can vote only once at one 14-day Epoch.
#flatqube #qube #dao #vote #post
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New proposals on FlatQube DAO 👛
Several new proposals to remove liquidity pools have appeared on FlatQube DAO:
• Delete GVMMNY/INDMNY pool
• Delete PUMP/QUBE pool
• Delete QUBE/INDMNY pool
• Delete CSFT/FTSC pool
Don't forget to vote!
#ever #flatqube #dao #vote #post
Several new proposals to remove liquidity pools have appeared on FlatQube DAO:
• Delete GVMMNY/INDMNY pool
• Delete PUMP/QUBE pool
• Delete QUBE/INDMNY pool
• Delete CSFT/FTSC pool
Don't forget to vote!
#ever #flatqube #dao #vote #post
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All the latest proposals on FlatQube DAO have been accepted 👛
Here are the following proposals:
• To delete the GVMMNY/INDMNY pool
• To delete the PUMP/QUBE pool
• To delete the QUBE/INDMNY pool
• To delete the CSFT/FTSC pool
Stay tuned for updates!
#ever #flatqube #dao #vote #post
Here are the following proposals:
• To delete the GVMMNY/INDMNY pool
• To delete the PUMP/QUBE pool
• To delete the QUBE/INDMNY pool
• To delete the CSFT/FTSC pool
Stay tuned for updates!
#ever #flatqube #dao #vote #post
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Voting results in Epoch #27 on FlatQube DAO 🗳
Epoch 27 and voting on the distribution of awards between new farming pools for the next farming period (14 days), has ended on FlatQube DAO.
veQUBE voted in total: 135 876.
Distribution of votes between pools:
⏺ WBTC/BRIDGE — 34.99%
⏺ QUBE/WEVER — 31.41%
⏺ QUBE/BRIDGE — 9.58%
⏺ WBTC/WEVER — 7.47%
⏺ USDT/USDC — 5.4%
⏺ WEVER/USDT — 4.43%
⏺ WEVER/USDC — 2%
The award will be distributed among the pools, according to the percentage of votes received by the pool.
#flatqube #qube #dao #ever #vote #post
Epoch 27 and voting on the distribution of awards between new farming pools for the next farming period (14 days), has ended on FlatQube DAO.
veQUBE voted in total: 135 876.
Distribution of votes between pools:
The award will be distributed among the pools, according to the percentage of votes received by the pool.
#flatqube #qube #dao #ever #vote #post
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Vote on FlatQube DAO 🗳
The vote on the amount of rewards in the farming pools (Epoch 28) starts on November 1 on FlatQube DAO. The vote will last until November 12.
To participate in this epoch, you need veQUBE virtual tokens, which are issued in exchange for locked QUBE tokens. The maximum locking period is 4 years.
The veQUBE formula
All pools that get from 1–35% of the votes will get rewards. The rewards will be split up and distributed according to the percentage of votes a pool receives. All pools that receive less than 1% of the votes won’t get rewards and their votes will be allocated to other pools. For pools that receive more than 35%, once the voting period ends, the surplus will be to the treasury.
How to get veQUBE and vote
• Go to the Balance management tab
• Select the QUBE locking period: from 14 to 1460 days. The longer the locking period, the more veQUBE you get.
• Return to the DAO tab and vote for one or more farming pools. You can vote only once at one 14-day Epoch.
#flatqube #qube #dao #vote #post
The vote on the amount of rewards in the farming pools (Epoch 28) starts on November 1 on FlatQube DAO. The vote will last until November 12.
To participate in this epoch, you need veQUBE virtual tokens, which are issued in exchange for locked QUBE tokens. The maximum locking period is 4 years.
The veQUBE formula
veQUBE = QUBE * lock time / max lock time
Voting mechanicsAll pools that get from 1–35% of the votes will get rewards. The rewards will be split up and distributed according to the percentage of votes a pool receives. All pools that receive less than 1% of the votes won’t get rewards and their votes will be allocated to other pools. For pools that receive more than 35%, once the voting period ends, the surplus will be to the treasury.
How to get veQUBE and vote
• Go to the Balance management tab
• Select the QUBE locking period: from 14 to 1460 days. The longer the locking period, the more veQUBE you get.
• Return to the DAO tab and vote for one or more farming pools. You can vote only once at one 14-day Epoch.
#flatqube #qube #dao #vote #post
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