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    Final Results for December CFP & DFIP Voting Round

    Yeek.ioBy Yeek.ioJanuary 15, 2025No Comments2 Mins Read
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    The latest governance voting round for DeFiChain concluded with six DeFiChain Improvement Proposals (DFIPs) and five Community Fund Proposals (CFPs) on the ballot.

    Here are the final outcomes from the voting.

    DFIP Results

    1. Step 1 Towards a Marketing SIG
    This proposal aims to establish a Marketing Special Interest Group (SIG) to enhance DeFiChain’s visibility and growth. The SIG will include three members—Defichain_Puschi, Axel, and Hulix—with extensive marketing expertise.

    • Yes: 86.90% (524 votes)
    • No: 13.10% (79 votes)
    • Neutral: 221 votes
    • Status: ✅ Approved (Required: 66.67%)

    2. Funds Reallocation to Marketing SIG
    This proposal reallocates unused funds from the Accelerator team to support the Marketing SIG. Interim custodians will manage the funds until the group is formally established.

    • Yes: 78.51% (475 votes)
    • No: 21.49% (130 votes)
    • Neutral: 258 votes
    • Status: ✅ Approved (Required: 66.67%)

    3. Removal of Community Managers and Moderators Affiliated with For-Profit Organizations
    Designed to decentralize the management of DeFiChain communication channels, this proposal sought to remove moderators affiliated with entities like Cake Group Pte Ltd and mydefichain UG.

    • Yes: 33.23% (214 votes)
    • No: 66.77% (430 votes)
    • Neutral: 288 votes
    • Status: ❌ Rejected (Required: 66.67%)

    4. Adjustment of Minimum Transaction Fees Based on DFI Price
    This proposal introduces a dynamic fee model with a minimum transaction fee of $0.002, adjusted regularly to align with DFI’s USD price.

    • Yes: 89.97% (592 votes)
    • No: 10.03% (66 votes)
    • Neutral: 195 votes
    • Status: ✅ Approved (Required: 66.67%)

    5. Deprecate the DFI-XCHF and DFI-MATIC Liquidity Pools
    The proposal seeks to deprecate these underutilized liquidity pools, reallocating resources to higher-impact initiatives.

    • Yes: 92.15% (458 votes)
    • No: 7.85% (39 votes)
    • Neutral: 361 votes
    • Status: ✅ Approved (Required: 66.67%)

    CFP Results

    1. Redirecting Rewards to the BuyBurningBot (BBB) for dUSD Peg Stabilization
    This initiative redirects rewards from dCrypto pools to the BuyBurningBot to stabilize the dUSD peg. Once stabilized, rewards will be reallocated to the dUSD-DFI liquidity pool.

    • Yes: 78.96% (533 votes)
    • No: 21.04% (142 votes)
    • Neutral: 170 votes
    • Status: ✅ Approved (Required: 66.67%)

    2. MyDeFiChain Team Effort 2025
    A symbolic request for 21,600 dUSD and 1 DFI ensures MyDeFiChain’s continued operations, recognizing their critical contributions to infrastructure support.

    • Yes: 93.67% (503 votes)
    • No: 6.33% (34 votes)
    • Neutral: 307 votes
    • Status: ✅ Approved (Required: 66.67%)

    3. MyDeFiChain Infrastructure 2025
    This proposal requests 2,625,000 DFI (~$42,000 USD) for maintaining key services such as Ocean Infra, RPC endpoints, and snapshot services.

    • Yes: 94.62% (580 votes)
    • No: 5.38% (33 votes)
    • Neutral: 234 votes
    • Status: ✅ Approved (Required: 66.67%)

    4. Operational and Infrastructure Costs for Cloud Services
    Seeking 6,000,000 DFI (~$90,000 USD), this proposal ensures the operation of core services like Blockscout and Defiscan for 2025.

    • Yes: 86.31% (517 votes)
    • No: 13.69% (82 votes)
    • Neutral: 330 votes
    • Status: ✅ Approved (Required: 66.67%)

    5. Ensuring DFI Market Making Continuity on KuCoin
    This request for 3,500,000 DFI supports continued market-making efforts on KuCoin, a critical trading platform for DFI.

    • Yes: 89.39% (455 votes)
    • No: 10.60% (54 votes)
    • Neutral: 173 votes
    • Status: ✅ Approved (Required: 66.67%)

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