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HIP 39
Economic

HIP 39: Redenomination

Author: @JMF

Vote Results

For Redenomination

11,389,318.07

70.85%

Against Redenomination

4,685,197.30

29.15%

Description

This proposal suggests a redenomination of the conversion rate between bones and HNT. Currently there are 100,000,000 (10^8) bones per HNT and under the proposed redenomination the conversion rate would be adjusted to 100,000 (10^5) bones per HNT. This change represents a 1000:1 token redenomination. Rough consensus to pass this HIP is achieved when the 'For Redenomination' vote receives at least 66% of the vote.

DATE OCCURRED

Nov 21, 2021, 12:57 AM

TOTAL veTOKENS

16,074,515.37