RE: Important Changes in WOXDEFI - ( 26/05/2022)

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Important Changes in WOXDEFI - ( 26/05/2022)

in hive-185836 •  2 years ago 

Dear @wox-exchange

Let me go through each point and share my thoughts. Hopefully that feedback will be usefull to you guys.

POINT 1:

1: Rebase Adjustments

I think it's much better this way. However, my impression is that currently (after that change has been implemented) amount of daily rewards after each re-base is exactly the same as it was before during 8 time window.

what I'm trying to say is that while I have over 40k WOX tokens staked, I was already receiving 200 sWOX every 8 hours. Now I will receive 200 sWow every 24hours. Which means that APY dropped greatly.

Is that implemented on purpose or it is just minor error?

The APY of the stake has been adjusted to 15.000%, which we believe is still quite high and profitable for everyone.

I presume that this is would be the answer to my question?


POINT 2:

Termination of Liquidity Mining:
As for the payments that are pending, contracts that have already expired, will be paid during the course of this week

Im in support of this. At this stage removing liquidity mining may be already the best idea.

At the same time I don't understand the need to open new liquidity pool. It's hard for me to imagine anyone interested with it. I may be obviously wrong.


POINT 3:

Voting BOT:

This is quite an interesting development and I believe many people will find it worth their attention and checking it out.

Yours, Piotr

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