This proposal is expected to appear on Snapshot for voting on 2022-02-06T00:00:00Z. Make sure to stake your vBNT for voting before this date and time to participate in the DAO decision.
To pass, this proposal needs a quorum of 35% and 66.7% FOR votes.
TL;DR
- Stream Network has migrated their token from XDATA to DATA.
- The DATA pool has been recently whitelisted and already bootstrapped.
- To avoid confusion between the pools, deposits to the XDATA pool should be disabled.
Voting Instructions
- To disable deposits permanently on XDATA, vote FOR this proposal.
- To allow the XDATA pool to continue accepting liquidity, vote AGAINST.
- You may ABSTAIN to help reach quorum, without making a decision one way or another.
Project
The Streamr Network is a decentralized, topic-based publish-subscribe system. Each stream or pub-sub topic has its own peer-to-peer overlay network that is built and maintained by a set of BitTorrent-like trackers. Development is still in progress, with Brubeck as the current milestone.
Use cases include:
- Data Monetisation
Buy and sell access to ethically sourced data streams with Data Products and Data Unions
- DevOps
Gather metrics from decentralized systems such as blockchain networks
- Gaming
Capable of being the real-time networking layer of massive multiplayer games
- IoT messaging
Publish and broadcast messages from any kind of internet-connected device
- Networking middleware
Transfer metadata for VoIP or WebRTC signalling
- Blockchain networking
DDoS resistant block transfer or broadcast signed transactions with low and predictable latency
More information on the network can be found here.
Tokenomics
The DATA token is an ERC-20 token used for project governance, to incentivize the Network, to delegate stake on broker nodes, and for Marketplace payments.
More information on the DATA token can be found here.