The updated voted escrow tokenomics model aligns the interests of product users, campaign participants, THX token holders, and the infrastructure developer, THX Network BV. For a high level overview of the design see the first part of this series: Staking Feedback - Product - Governance Forum THX Network
In this post we give you the latest updates, and we share a timeline on the deployment. There are just a few items left to be done. Meaning we’re getting very close to
Done
- 9th January - renewed 8020 pool active on Balancer
- 10th of January - Protofire.io demo’d the ve8020.xyz launchpad
- 19th of January - Protofire.io adds latest updates to the launchpad, including $BAL reward distribution
To-Do
- next few days - determine max lock duration (give your input in the poll)
- last week of January - launchpad deployment on Polygon mainnet by Protofire.io
- first part of February - soft launch of our staking platform
- middle of February - first vote using the veTHX token (see funding proposal Q1 2024)
*this is an late development preview, with pending changes
Request for feedback :
Give your input on the optimal max lock time this X poll.
Read more background on voted escrow tokenomics:
- The 8020 Initiative. Noticing the shift in the governance… | Balancer Protocol | Medium
- 8020 Launchpad
- the 8020 pool on Balancer including liquidity rewards