Golff Farm’s mining revenue halving
The current mining output of Golff Farm is 500,000 tokens per week, which lacks a halving mechanism. The halving mechanism can reflect the scarcity of GOF while supporting the GOF secondary market. Halving can reduce the negative impact of mining and selling on GOF. To benefit the long-term development of the Golff financial ecology, we recommend that when the third round of Farm mining starts, the weekly mining output should be adjusted to 250,000 tokens.
Meanwhile, due to the decrease in the number of mining output, the overall circulation of GOF in the market is relatively small. It is recommended to adjust the pledged GOF amount, for the third round of mining to obtain the nominated candidate mining tokens qualification to 5000 GOF. The original limit amount is 10,000 GOF. The lowering of the threshold will facilitate more project participation candidates and attract more users to participate in the Golff project.
Due to the halving of production, the incentives for GOF liquidity, the current trading activity of Balancer is relatively low. It is recommended to merge the GOF/ETH trading pair in Uniswap and the GOF/Dai trading pair in Balancer to provide liquidity incentives, only the incentives for the GOF/ETH trading pair in Uniswap will be retained, which will enhance the better liquidity of GOF in Uniswap.
After the community user’s voting, the halving mechanism approved.