The First Ever Stake-Weighted LEO POWER Poll | The Future of CUB/POLYCUB
There are some important things to note about this poll. Please do not vote on it until you read the Threads attached below and the post that is linked
Vote below to approve or deny The Proposal
I think it would be very helpful to consider air dropping one cub for one leo, because the value of cub has fallen so low, that while the investors who stuck with cub to support the platform will get a better deal.
Additionally, I think what you drop should be LeoPower to reduce the dumps of Leo on exchanges.
Or you could give people the option to take 1 Cub for 1 Leo in Leopower or 1 dollar of Cub for one dollar of Leo in Liquid Leo.
Thanks
voted - crap notice on a rush job - part of the whole sorry story
Voted approve. All this defi stuff was largely a waste of my time and money. Real value is here.
I need time to think, when is it ended? I mean I lost a shit tonne of Cash back then and it's bad luck. I am not sure how I feel about this proposal
This proposal would be the only shot to regain what was lost by many in the community (team included) to give LEO in place of the CUB/POLYCUB
Voting window ends on Sunday at Midnight as the threads above and the post explains. Please read thoroughly before voting
Fair call, thank you for explaining
Until All are One !!!
Commented in the blog post, but figured I would add here too.
What happens with xPOLYCUB? I had already moved all of my CUB/POLYCUB back in, but xPOLYCUB is locked.
I assume (maybe falsely) that since it is locked, it may not be allowed to flow out until the unlock date. Is this the case or is there some work-around?
Hmm... if there is a work-around that is actually a little bit concerning from a security standpoint, but I'll take it :-)
If there is no work-around will xPOLYCUB holders be compensated down the line and if so was that entered into the calculations of the 7M POLYCUB?
Any CUB or POLYCUB in any form is eligible for the burn / drop
The nuances of how the airdrop happens will be released in a (lengthy) blog post
But the point in the post is that anything that contributes to the total supply (including locked tokens) is eligible for the drop
It will involve some complexities for certain of the locked tokens. xPOLYCUB has it's own token that represents it, so if you burn those, then it's going to be eligible at the current xPOLYCUB/pCUB ratio
For the sake of complexity, we didn't include every edge case in the blog post. But every POLYCUB or CUB will be eligible. No matter where it is held
Thanks! All I needed to know ;-)
Many incredible opportunities lie ahead with the approval. Onward!
Note #2
Please keep in mind that this is a stake-weighted Poll vote. The frontend will show it like any other Poll but the backend results are being formulated based on how much $LEO POWER you have staked
The more LEO POWER you have staked, the more weight your vote carries
At the end, the results will be shared with transparent links to on-chain data
BEFORE YOU VOTE
Please read the following post. It's recommended you read it to completion before making a decision on your vote.
Once a vote is cast, it CANNOT be changed
https://labs.inleo.io/@leofinance/the-firstever-stake-weighted-leo-poll-on-hive-cub-polycubs-future-is-at-stake
Note #3
This poll will close on Sunday, March 17th at Midnight EST. The results will be announced on Monday along with an action plan and more details on how the proposal works from a technical and actions-required perspective
We understand there will likely be tons of questions. Please reply in this thread with questions or in the blog post linked in this #threadstorm
Thank you!
Done my part and voted
Looking forward to the stats. A new way of approval.
If you're having trouble viewing the poll, I found it easier to use Labs
https://labs.inleo.io/threads/view/leofinance/re-leothreads-ssxwx9hu
Easy yes
clicked yes just so i don't have to use that metamask thing again, if i even find the keys. Didn't look at it for a long time, so not even sure will it be worth a trouble.
Voting yes because anything that can be done to simplify the world of crypto is worth supporting. We need fewer steps, not more.
Took a minute but I found the poll!!!
Trust in the #InLeo team. I just voted yes!