NuCypher DAO Proposal #2 ā Halt NU Inflation Indefinitely & Remove Voting Endpoints from StakingEscrow is active.
20 Dec 2021, 16:30
š¢ NuCypher DAO Proposal #2 ā Halt NU Inflation Indefinitely & Remove Voting Endpoints from StakingEscrow is active š¢
In order to parametrize, deploy and activate the Vending Machine contract, which will allow NU & KEEP stakers to upgrade their respective tokens in exchange for T, we require both token conversion factors to be frozen. This is only possible if neither token supply is growing. This proposal would therefore halt all NU token distribution immediately following the necessary two-week DAO validation window.
š Read the full forum proposal here:
š³ Validate the upgrade here:
Note that the validation page for proposal #2 can take a little while to load