You can vote up to a maximum of 3 options but can also choose less options. Only vote for options that you approve of! This is also known as Approval Voting.
Approval Voting lets voters indicate all the options they approve of, instead of just one. The winning option is the one with the most approvals. Vote splitting and spoiling problems are eliminated with no additional complexity.
The poll is open to anyone with Trust Level 1 and above to discourage sock puppets though if you’re of a lower trust level but if you’re a recognized member of the community in other mediums and want to vote, please post in this thread with further information to have your trust level upgraded so you can participate in the poll. In the future, we will be upping this Trust Level requirement to 2 and above.
Trust Level 1 is achieved by:
Entering (Opening) at least 5 topics
Reading at least 30 posts
Spend a total of 10 minutes reading posts
The options are presented as follows:
Miners | Masternodes | Community Fund | Dev Fund
Pick all options that you approve of! (max of 3)
50% | 35% | 0% | 15% No change
40% | 40% | 5% | 15%
40% | 35% | 10% | 15%
35% | 50% | 0% | 15%
35% | 45% | 5% | 15%
35% | 35% | 15% | 15%
30% | 50% | 5% | 15%
25% | 40% | 20% | 15%
15% | 60% | 10% | 15%
10% | 60% | 10% | 20%
10% | 30% | 40% | 15% | 5% (research fund)
Others, not mentioned here (please specify in comments)
0voters
Things to consider before voting:
The role of miners in Firo’s ecosystem in enabling decentralized distribution and providing backup security.
Do we want to have a community fund to encourage community contributions to improve decentralization and should we test how a community fund works before increasing its share?
The effect of less liquidity available on exchanges due to lock-up in masternodes.
Having more % for masternodes gives the incentive to hold and make the overall value bigger on the basis of Supply and demand - more masternodes = mored FIRO coins taken out of Supply.
Look, that is just rubbish. It was the same argument put forward 5 years ago and has never held true. If that was the case the price would not be at 4.50.
Welcome to the forum! If you’re not a new member of the Firo community and have participated in other mediums (Telegram, Discord etc), let me know and we’ll change your Trust Level so you can vote.
In comment:
I’m a little surprised that the firsts peoples to post are strangers (at least on the forum) and that they are saying extreme things…
This does not reassure me for the outcome of this vote… but wait and see.
Ack I can’t change the poll after the first 5 minutes and apologies, just vote the closest and others as well. If a lot of ppl want it, we can narrow down the options with one more round of voting.
I accept your apologies with pleasure and I will vote as close as possible, but that changes the distribution a lot, for example between 15 and 20% for miners or 5 and 10% for the community fund (it’s double).
Since 8 people have already voted, modifying the poll now would be distorted: the only solution would be to start it again.
As myself a miner who owns many gpus l, by decreasing the miner rewards many of us miners have to move to alternatives and mind better option. I totally understand it is not the best value and performance for Firo right now we all hope and work to make it better.
Yes I have been mining firo since it was changed to the new algorithm Firopow but I’m not only mining one coin. Im holding my firo the market is not great yet like it used to be to sell or trade. On the other side, firo is one the most profitable coin to mine therefore I’m interested to continue mining for the time been