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HIP 69

Re-assertion Fee Reduction

HIP 69 proposes reducing re-assertion fees by half (from 1,000,000 DC to 500,000 DC) on the IOT/LoRaWAN network for a total of three months. If this HIP passes, the fee reduction will begin upon the Solana migration. The intended purpose of the reduced fee is to incentivize honest hotspot owners to reassert in less dense hexes and correct any inaccurately asserted hotspots. Approving HIP 69 implies that the community has reviewed the implementation. We would consider this proposal as approved if it passes with 2/3 of the vote power by the deadline. Join the conversation on Discord and see the #hip-69-re-assertion-fee-reduction channel for more details.

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Block 1,740,300

Blocks since vote


Vote Closed

Feb 9, 2023 at 12:44:10 am

Total Votes


Final Results

For HIP 69(88.22%)

2,840,217.25 HNT4,178 Votes

Against HIP 69(11.78%)

379,320.43 HNT490 Votes
Last updated 8 months ago(Results recalculate roughly every 10 minutes)

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