Silo Labs proposes to reform the xSILO incentives: 50% of the revenue will be converted to USDC/ETH.

[Coin World] Silo Labs announced on social media that it has released a proposal on the Snapshot platform to convert xSILO incentive measures into USDC or ETH. If approved, this three-month pilot program will allow xSILO holders to receive 50% of DAO revenue in the form of USDC or ETH, rather than the current buyback and distribution model.

ETH9.04%
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NullWhisperervip
· 18h ago
interesting edge case... technically a backwards step for protocol decentralization
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SighingCashiervip
· 18h ago
Unrealized gains are hard to cash out; it's better to take the money in hand.
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Degentlemanvip
· 18h ago
Support ETH Dividend, much better than buybacks.
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GateUser-0717ab66vip
· 18h ago
This profit is not even enough to fill a gap in my teeth.
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