Dear ApolloX Users,
ApolloX will start the voting round for its ninth core proposal. We welcome all users to join our official ApolloX Discord Forum to engage in discussions and to cast your vote through Snapshot.
Proposal details:
Proposer: ApolloX DAO Administrator
Quorum vote requirement: Total power value reaching 5 million votes
Voting time: 5 days
Proposal content:
Dear ApolloX users,
ApolloX will reduce the amount of APX rewards for the following platform activities. The reduced amount will not be released into the token’s circulating supply. For the reduction amount, it will be determined by users’ votes. After the vote is passed, the new trading rewards rules will take effect.
|
Activity Name |
Trading Rewards Before Adjustment |
Proposal 1 （Amount of APX rewards after adjustment） |
Proposal 2 （Amount of APX rewards after adjustment） |
|
Trading Rewards Program |
Trading Fees Contribution Reward pool is 472,000 APX & Market Maker Trading Volume Contribution Reward pool is 118,000 APX |
Remove the Trading Fees Contribution reward pool. Market Maker Trading Volume Contributions reward pool will be 50,000 APX |
Remove the Trading Fees Contribution reward pool. Market Maker Trading Volume Contributions reward pool will be 40,000 APX |
|
ALP Staking Rewards |
3.5 APX per block reward |
3.1 APX per block reward |
2.7 APX per block reward |
|
Stake APX-BUSD LP to earn APX rewards |
1.4 APX per block reward |
1.2 APX per block reward |
1.0 APX per block reward |
Option 1: Proposal 1
Option 2: Proposal 2
More details about ApolloX DAO can be found inGovernance.
Thank you for your support!
Risk Warning: Crypto futures trading carries a substantial risk. All trading activities are done at your discretion and at your own risk. The information here should not be regarded as financial or investment advice from ApolloX. ApolloX will not be liable for any loss that might arise from your use of ApolloX.