Vote qualification snapshot of all $ethi holders, including stakers, happened at midnight UTC on February 7, 2024. Voting is available for 7 days until 4am UTC on February 14, 2024. Over 140 unique holders have already voted. 2.2 million $ethpi or over 99% of votes are for.
Overall, IERC-20 DPoS & PoW can be deemed a successful community experiment. The number of $ethpi holders is nearing 10,000, while nearly 300 ETH gas (valued over $700,000) has been burned through mining and staking so far.
Since the DPoS model has been welcomed by the IERC-20 community, the protocol may explore expanding the utility of DPoS points. Both organizations and individuals can apply to release their own points and staking pools in the IERC-20 inscriptions ecosystem to promote the sustainable development of both the projects and the protocol.
IEIP-1 is set to manifest the power of community and its attention to the future development path of the growing inscriptions ecosystem on Ethereum. Qualified $ethi holders can vote on Snapshot and decide on the tokenomics of $ethpi before Feb
IEIP-1 link: https://snapshot.org/#/iercdao.eth/proposal/0xd8c42effb1453b60807116b2a2b8ed5b75bbef5ea200ca7b7c80d222d8f1b8e1
More info about IERC20
Website: www.ierc20.com
X (Twitter): https://twitter.com/EthinscXYZ
Telegram: https://t.me/IERC20OFFICIAL
Whitepaper: https://docs.ierc20.com