Sweat Economy, the team behind the SWEAT token, has proposed a Web3 governance proposal that allows the community to decide how to deal with 100 million of its native tokens. The community will vote on what part of the tokens will be rewarded to long-term stakers and what part will be burned.
Everyone with liquid tokens can vote, while stakers cannot participate. There will be five denominations denoted in percentages, and one token will represent one vote. Those who stake in the app for a 12-month period will receive a proportional amount of tokens from the 100 million token pool. The vote will take place on April 18th.
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