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DODO has passed the proposal to “suspend vDODO reward release and redemption fees”
2023-11-07 10:17
Odaily News The DODO community has passed the proposal to suspend the release of DODO in the vDODO pledge pool to alleviate inflation and enhance long-term stability. The proposal aims to reduce annual inflation by approximately 3.1% by suspending the release of vDODO rewards. The suspension of vDODO rewards will not affect the rights of 15% of platform transaction fees to repurchase DODO and distribute it to vDODO holders. DODO will cancel the redemption fee of vDODO at 13:00 on November 8, and suspend the release of vDODO rewards at 13:00 on January 1, 2024.