Should Axion V3 be audited?
The purpose of this DAO vote is to determine whether Axion should initiate an Audit of the v3 code before launch, and how it should pay for it. The Axion v3 code is a complete rewrite of the entire Axion ecosystem, and is truly a technological achievement that makes Axion’s smart contracts leaps and bounds ahead of any other staking token on the market. Axion v3 will result in significantly reduced gas fees (thus cheaper transactions) for all ...
Reallocation of auction funds
As per the last update from the founder, we now have 15% of the regular auction funds available to do as we choose as a community. This DAO vote is to decide what we do with that ETH. The amount generated, at current price valuations is approximately $60,000.
Over the course of three Town Halls, the community has identified and selected two clear options; Use for team salaries instead of paying in AXN, or use to boost Marketing over the next ...
Balancing Axion Auctions
Based on multiple town hall discussions in the Axion Discord, the community has agreed that the current auctions are unbalanced, leading to inequality in economic benefit.Bidding in the regular auction without a referral yields the least benefit, bidding with a self-referral yield the largest. Those users repeatedly self-referring into the auctions were abusing the referral system, making it less beneficial for community members to build usefu...
Auction Token Distribution
This vote is to determine whether to change the current auction structure or keep it the same. Voting options vary in the number of Venture Capital v. Regular Auctions and the overall value of each auction. This vote presents three options:Option 1 - Add 100MM to Regular Auctions WeeklyMove to four (4) VCA’s and three (3) Regular Auctions per week.In this scenario, Venture Capital Auctions would occur four (4) days a week, with each VCA offeri...
Capping of Axion Auctions
This vote is on whether to place a cap on the Regular and Venture Capital Auctions, and if so, at what value shall the cap be placed. This vote presents four options:Option 1 – Cap Auction at 90% of Uniswap PriceIn this scenario, a bid that would place the auction at a level higher than 90% of Uniswap price would not be allowed. Upon trying to bid, the bidder would be shown a message informing them that the value they are bidding is too high, ...
