FLOKI TO HAVE FIRST DAO VOTE
One of the highlights of the Nottingham Upgrade was the discovery of an inflation bug that resulted in people getting more tokens than they should have gotten during the V1 to V2 upgrade.
Upon discovering this bug, the team came up with a formula to resolve the issue as quickly as possible based on our current realities and immediately moved to freeze the affected wallets pending a thorough review by a dedicated committee.
With the committee review work practically done, and to stay true to FLOKI’s desire to be a truly decentralized project, we are putting the decision on what happens to beneficiaries of these excess tokens to the FLOKI DAO.
Starting 7PM UTC today, February 9, 2022, a DAO vote will be taking place to determine what happens to the wallets that benefited from the excess tokens.
The DAO will have the option to vote on whether these beneficiaries should return or keep these excess tokens — and the decision of the DAO will be binding.
The vote will start at 7PM UTC on February 9, 2022 and last for 48 hours.
Immediately after the conclusion of the DAO vote, the committee will email all affected holders that have appealed and communicate the next steps to them.