We propose increasing the hiIQ compound rate from the previous rate - 5% to the maximum rate - 30% in order to optimize long-term IQYIELD according to current market conditions.
These conditions include: HiIQ Staking Yield Rate: Currently at 78.55% APR, an exceptionally yield rate.
Amount Staked: 1.8 billion IQ tokens locked in the hiIQ staking contract.
Circulating Supply: 20.89 billion IQ tokens, indicating that over 90% of IQ tokens are unstaked.
With yields expected to decline as more tokens are staked, this is the ideal time to compound at higher rates, leveraging peak APRs to maximize long-term returns and enhance the overall yield of IQYIELD tokens over time.
| Target | Function | Value | Parameters |
|---|---|---|---|
| 0 Tokens |
| Type | Progress | Value |
|---|---|---|
| Quorum | / 15.00M | |
| For | 100.00% | |
| Against | 0.00% | |
| Abstain | 0.00% |
| Voter | Vote | Weight | Comment |
|---|---|---|---|
| For | This proposal will increase medium and long term IQYIELD yield rates. | ||
| For | No comment provided | ||
| For | No comment provided |
| Voter | Vote | Weight | Comment |
|---|---|---|---|
| For | This proposal will increase medium and long term IQYIELD yield rates. | ||
| For | No comment provided | ||
| For | No comment provided |
Fraxtal