오버@Over__KR
DAO Treasury Allocation Adjustment & Palm-staking Update
The DAO Treasury funds ecosystem growth through dApp development, network improvements, and user education. It also receives transaction fees and network revenue to ensure long-term stability. Currently, 10 million OVER per year is allocated entirely to Palm-staking. To improve liquidity efficiency, we are working with a new partner DEX and will temporarily adjust the DAO Treasury allocation.
DAO Treasury Annual Allocation Adjustment
🔷Before
Palm-staking: 10 million OVER
🔷After
Palm-staking: 4 million OVER
LP rewards OVER-USDT pair on partner DEX: 6 million OVER
Partner DEX & Liquidity Migration
We are collaborating with a partner DEX to enhance liquidity and will announce details in February alongside the LP migration and app update. This aims to provide a more stable liquidity supply and better user experience.
Reduction of Palm-staking Unstaking Period
Based on community feedback, the unstaking period for Palm-staking will be reduced.
If unstaking was requested before the update, the new 3-day period will apply retroactively.For example, if unstaking was requested 24 hours before the update, only 48 more hours (2 days) will be needed.
🔷Before: 21 days
🔷After: 72 hours
Implementation Schedule
- Changes will be applied with the next app update.
- More details will be shared soon.
This update is a step toward expanding the ecosystem before enhancing the DAO Treasury. We humbly thank you for your feedback and support in growing the OverProtocol ecosystem.
