Liquidity Staking Period Change - Community Vote Results

Following a successful vote period of 48 hours, we are delighted to announce the results of the community vote on liquidity staking periods. Liquidity staking is, of course, an important part of our ecosystem and we are very grateful to all that choose to support our project by staking their tokens in such a way. Liquidity Staking ensures there will always be enough liquidity to cover incoming platform requests via the fiat payment gateway.

However, as important as liquidity staking is, the issue of Liquidity staking period does not affect all token holders and so any adjustment to this element constitutes a minor change, and in accordance with section 3.2 of our whitepaper - Transitioning to Full Democracy, which states: in years 3-4 of network operation ‘minor changes in the operation of SingularityNET: a 51% majority of AGI token votes’ and so this was the basis we used to calculate the winner of the vote.

The Results

Option AGI Counted Number of voters
Extend to 180 Days 9,399,731.15 48
Extend to 90 Days 15,833,130.64 42
Stay at 30 Days 25,347,726.46 28
Total 50,580,588.25 118

This means there will be no change to the current staking periods and will remain on at 30-days. Please find below an updated schedule for the staking windows.

Staking Event Date / Time UTC+0
Opt-out window opens Saturday, 5 December 2020 9:00:00
Stake closes Saturday, 12 December 2020 9:00:00
Stake Window starts Sunday, 6 December 2020 9:00:00
Stake window closes Sunday, 13 December 2020 18:00:00
Approval for stake window closes Monday, 14 December 2020 2:00:00
Opt-out window opens Tuesday, 5 January 2021 9:00:00
Stake closes Tuesday, 12 January 2021 9:00:00
Stake Window starts Wednesday, 6 January 2021 9:00:00
Stake window closes Wednesday, 13 January 2021 18:00:00
Approval for stake window closes Thursday, 14 January 2021 2:00:00
Opt-out window opens Friday, 5 February 2021 9:00:00
Stake closes Friday, 12 February 2021 9:00:00
Stake Window starts Saturday, 6 February 2021 9:00:00
Stake window closes Saturday, 13 February 2021 18:00:00
Approval for stake window closes Sunday, 14 February 2021 2:00:00
Opt-out window opens Monday, 8 March 2021 9:00:00
Stake closes Monday, 15 March 2021 9:00:00

We’d like to thank all those that took part in this vote and all that take part in our community, whether you have been actively involved in the vote yourself or supported the project in other ways. The SingularityNET foundation and community constitute two halves of our project and together we forge forward ever faster toward the technological singularity.


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