Warden migration to Base
Warden proposal #6: ## Summary This proposal migrates WARD from Warden Chain to an omnichain ERC-20 on Base and links WARD to the revenue of Warden products....
Yes
94%
No
0%
Abstain
6%
Veto
0%
Original Proposal Text
## Summary This proposal migrates WARD from Warden Chain to an omnichain ERC-20 on Base and links WARD to the revenue of Warden products. ## What this proposal does ### Migrates WARD 1:1 Total supply stays the same as today. Max supply changes from unlimited to a cap of 2B WARD. ### Makes WARD omnichain Base becomes the main chain, with BNB Chain and Robinhood Chain supported from day one. Every wallet and dapp can then support WARD out of the box. ### Changes inflation and burn mechanics Inflation drops from 10% to 5% and goes to stakers only. Product fees buy back and burn WARD to reduce supply. ### Requires no action from holders Whether your WARD is in a wallet, staked or on an exchange, you receive the new tokens at a 1:1 ratio automatically. ### Halts Warden Chain at a snapshot height announced after the vote The halt lets every balance move 1:1 automatically, including wallet balances, staked and unbonding tokens, and pending rewards. Exchanges get support to credit their users 1:1. Holders don't need to do anything. ## Voting - **Yes:** the migration and the new tokenomics go ahead. Dates are announced right after the vote. - **No:** Warden Chain and the current tokenomics continue as they are. ## More information - Full proposal and rationale: https://wardenprotocol.org/blog/ward-enters-its-revenue-era-governance-proposal - Proposal FAQ: https://wardenprotocol.org/blog/faq-ward-revenue-era-governance-proposal