KIP0003
Komodo's
Transaction Fee Increase and Burn
Vote
Snapshot by
Airdrop by
April 21st
Vote by
May 3rd
- No Change - 0.001
- Burn, but no transaction fee increase - 0.001
- Increase 10x with Burn - 0.001
- Increase 100x with Burn - 0.001
- Increase 10x without Burn - 0.001
- Increase 100x without Burn - 0.001
On April 18, 2024 (UTC)
Users who hold KMD in a non-custodial wallet like Komodo Wallet will receive special tokens (KIP0003) that can only be used specifically for voting. Trading KIP0003 tokens is prohibited and where detected will result in nullification of the traded KIP0003 balance.The amount of tokens you receive is 1:1 based on how much KMD is held in your wallet.Note that if you hold KMD in custodial wallets (i.e. Binance exchange or other CEXs), you will not receive tokens, and CEXs aren’t allowed to participate in the voting process.The exact block height/time of the snapshot won't be announced ahead of time. We will announce the snapshot block height once it has been completed.
On April 21, 2024
KIP0003 tokens will be airdropped, and the poll starts.
On May 3, 2024
The poll ends with the first notarized block (inclusive) after May 3, 23:59:59 UTC.
For info on supported wallets and how to vote, please visit the Komodo Platform blog.
Poll (6 options)
Should KMD's Transaction Fees be increased and/or burned?
Find the explorer for this poll's Vote Chain at https://kip0003.kmdexplorer.io
No change to transaction fees
Do not increase transaction fees and burn 100% of existing fees.
Increase transaction fees by 10x and burn 100% of transaction fees.
Increase transaction fees by 100x and burn 100% of transaction fees.
Increase transaction fees by 10x and do not burn the transaction fees.
Increase transaction fees by 100x and do not burn the transaction fees.