KIP0003

Komodo's
Transaction Fee Increase and Burn
Vote

Snapshot by

Airdrop by

April 21st

Vote by

May 3rd

Image - Komodo Voters
Total votes cast 14153621.228213001
  • No Change - 1311915.054719
  • Burn, but no transaction fee increase - 12218959.573843
  • Increase 10x with Burn - 482285.711007
  • Increase 100x with Burn - 25400.926181
  • Increase 10x without Burn - 83153.910497
  • Increase 100x without Burn - 31906.051966

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

QR code -No Change
No Change

No change to transaction fees

RNoChangeXXXXXXXXXXXXXXXXXXXYRvSwzcopy button
QR code -Burn, but no transaction fee increase
Burn, but no transaction fee increase

Do not increase transaction fees and burn 100% of existing fees.

RBurn1XFeeXXXXXXXXXXXXXXXXXXrbe6NLcopy button
QR code -Increase 10x with Burn
Increase 10x with Burn

Increase transaction fees by 10x and burn 100% of transaction fees.

RBurnTenXFeeXXXXXXXXXXXXXXXXSh3yBecopy button
QR code -Increase 100x with Burn
Increase 100x with Burn

Increase transaction fees by 100x and burn 100% of transaction fees.

RBurnHundredXFeeXXXXXXXXXXXXj2Furmcopy button
QR code -Increase 10x without Burn
Increase 10x without Burn

Increase transaction fees by 10x and do not burn the transaction fees.

RNoBurnTenXFeeXXXXXXXXXXXXXX1PMoXAcopy button
QR code -Increase 100x without Burn
Increase 100x without Burn

Increase transaction fees by 100x and do not burn the transaction fees.

RNoBurnHundredXFeeXXXXXXXXXXiG5upGcopy button