Proposals of #4

Burn ENG for SCRT!

Exec Legacy Content
passed
Expected result
Turnout / Quorum
0.99% / 33.40%
Voting start 2020.03.09 at 20:03:47
Voting end 2020.03.16 at 20:03:47
100.00%
1 423 648 SCRT
Yes
0%
0 SCRT
No
0%
0 SCRT
Veto
0%
0 SCRT
Abstain

Details

logo
Proposer
-
Total deposit
1 000 SCRT
Submit time
2020.03.07 at 20:03:52
Deposit end time
2020.03.14 at 20:03:52

Description

This proposal lays out the high level plan for Burn ENG for SCRT! SCRT (“Secret”) is used for staking, governance, and transaction fees within the Enigma network which is now LIVE based on Cosmos SDK/Tendermint. It is critical to the future of the Enigma protocol that the broader community that currently holds ENG tokens to be able to burn their tokens in exchange for SCRT being minted to participate in staking, governance, and transaction fees. This proposal will outline a brief background, technical approach, and detailed milestones to achieving an expeditious, straightforward and secure Burn ENG for SCRT! Burn ENG for SCRT! V1 - IPFS Hash : https://ipfs.io/ipfs/QmUvhWUYW1jpqjZSJjRKUB5y1RixuuvaD27Vbtgbvf1Kjm/Burn_ENG_for_SCRT-v1.pdf Burn ENG for SCRT milestones V1 - IPFS Hash : https://ipfs.io/ipfs/Qma9G7SsgDqhRqWPEDevxu9qWiDSYLansonnESX77nm19U/Burn_ENG_for_SCRT_Milestones-v1.pdf Burn ENG for SCRT! V1 - Github Copy : https://github.com/secretnodes/secretnodes.org/blob/master/docs/papers/Burn_ENG_for_SCRT-v1.pdf Burn ENG for SCRT milestones V1 - Github Copy : https://github.com/secretnodes/secretnodes.org/blob/master/docs/papers/Burn_ENG_for_SCRT_Milestones-v1.pdf Enigma Forum Discussion : https://forum.enigma.co/t/token-swap-proposal/1364 Git Issue Discussion : https://github.com/secretnodes/secretnodes.org/issues/15

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