Voting START date: Wednesday, November 30, 2022, 8:05 AM EST
Voting END date: Wednesday, December 14, 2022, 8:05 AM EST
Bring Community...
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Vote = YES
I do have questions about the proposal.
This is a great idea. I think having community staking nodes is really awesome as this has been asked for years but it's been hard to implement. We have many XDC community holders that are looking at holding and earning rewards while doing so it's very enticing. I wish the best to you all and the future of this project!
Guidelines from legal might take first week of Jan to come through..but proposal like this is most likely to go through because
It's related to increasingly utility of XDC as core layer 1
Budget is is 50-75K USD worth or upto 3M XDC range
The projet team has been working on this already
I will not be able to cast my vote yet because a vote on this forum isn't an onchain vote.
However, proposals like these definitely qualify through legal guidelines
Just to clarify that having proposals through xdc.dev is first real step to community closely involved in governance and further growth of xdc network. But it will take some time for this process to mature.
Thank you for your response. The more knowledge for all, the better; and we greatly appreciate your feedback.
Vote = Yes
And thank your for finding a way to both stake and have it add value to the core operations of XDC Network blockchain ... staking per se would have been a possibly disastrous idea as it is seen by regulators as a way to manipulate derivative price (whether stocks or tokens) while not really adding anything to operations.
This proposal actually funds and runs a real LIVE masternode that is a crucial backup to the 108 validating masternodes since unforeseen events could cause many of the validators to resign their masternodes (such as xdc coin sudden price increase to several dollars and many wanting to cash out) in the near future.
Thank you to the entire XDC Community!! #WeAreXDC
Thank you for your feedback! We agree and couldn't be more excited.
Absolutely Yes.
Democratizing staking is the critical step to decentralizing the layer 1 and allowing everyone to participate in the wealth/ yield generation. Lastly it keeps sell pressure down and support the base value of XDC. Lastly Lastly, the team here is amazing.
I’ve met this team. I believe in this team.
I believe in this project and how it will benefit the XDC Network and Community.
Vote = Yes
I do like this approach! As long as keys aren't relinquished, then this should be a reliable solution. We'd need a full smart-contract audit and validate that not one or two parties can alter/modify execution. We're also working with another project to bring staking within a super sleek wallet (coming soon)!
Yes to this proposal!
I vote YES for this proposal.
Having more masternodes facilitate greater stability and reliability on the network and it is great that XDCS has come up with this crowdfunding solution that benefits the community as well.
I have been in contact with some of their team members and I know how they have focused on being able to provide the community with the best staking option for XDC and at the same time making sure that they are in compliance with regulations.
GREATLY appreciate your feedback @belle! Thank you
Its hard to vote anything other than yes because we dont really know whats in the war chest to begin with or what else the funds may be used for alternatively.
We trust the leaders and its nice to be asked. I will sleep better when the nodes are sold out and XDPoS 2.0 is launched, so this proposal looks to push that dream in the right direction.
YES
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XDC #XinFinNetwork #WeAreXDC
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My Vote = YES
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Would love to have the GOS on XDC layer 1 a very much needed tool!!
Great Project , VOTE = YES
I believe in this teams passion and dedication to bring the community a solution that’s secure, well designed and gives me a real spot in a node. Something I’ve been looking for!
Yes
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Yes Vote!
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Great project and execution!
I like the post, but for doing my vote I need few answers.
Who is going to be the owner of the MasterNode?
MasterNode ownership sharing is illegal in few countries.
You will have only one owner per node. How the taxes are going to be paid?
Will this one person paid all the taxes and then ask the rest of the people to pay the rest of the taxes?
Only one person will be the real owner of the MasterNode and then he/she will share the rewards to other people.
Then is not multiowner and is a trust system. (you need to trust the owner)
I dont know if smartcontracts are supported in the MasterNode system. I think you need to use a wallet and then sent the reward to a smartcontract to distribute the reward)
If you find a way, Im insterested to support. But for the moment I think multi ownership is not possible.
VOTE = YES. Sorry for the delay mate hope made it in time still.
Vote = YES