WEPIXDAO Governance Proposal #12- 8/11/2021

in #leofinance3 years ago

WEPIXDAOlogo.png

For our 12th governance proposal for the WEPIXDAO we will vote on adjusting the price of the WEPIX governance token back towards the original $5 price point (effectively 10 HIVE):

- A) YES

- B) NO

To vote simply send one WEPIX token with a memo to "wepix" on Hive-engine.com, your total token balance will be recorded (no partial votes)

ExampleVote.jpg

At launch the price of HIVE was approximately 1/3 of the current value. We have already instituted one price hike for the WEPIX token which resulted in additional funding being raised, however with the slowdown in the market we must make some price changes.

The intention was to make WEPIX both affordable and useful at the same time- we must strive to maintain this balance and lower the price back down to something much more reasonable. This will allow more users to join the project as well as give the current holders an opportunity to increase their governance power.

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My vote is no! But I would vote yes for a smaller decrease in price, we cannot ignore that many of our assets have risen in the meantime.