Helios Staking (Official - Ann)
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โšก๏ธ Welcome to the @HeliosStaking weekly @MultiversX round-up.

๐Ÿงต Letโ€™s reflect on the biggest news in the $EGLD community over the last 7 days.

Read it here ๐Ÿ‘‡๐Ÿป
https://twitter.com/HeliosStaking/status/1639222730414227456
๐Ÿšจ It's that time again and the @HeliosStaking #Mitya rewards are ready to be distributed.

๐Ÿ“ŠThat said, given the current market conditions and long term nature of the treasury we've decided to conduct our first community vote via
Peer Me.

๐Ÿ“ฃThe vote is simply to compound the current rewards for another 60 day cycle or to distribute them May 22nd after the vote has been concluded.

Let your voice be heard and vote here ๐Ÿ‘‡๐Ÿผ
https://peerme.io/proposals/4x9dVKNWLevA

RT: https://twitter.com/HeliosStaking/status/1658782116279197696
๐ŸบIt's been just over 60 days and the @HeliosStaking #Mitya collection will be doing its next distribution to all holders this Friday July 28th around 13:00 UTC.

๐Ÿ“ทThe snap shot will take place tomorrow night at 23:59 UTC so make sure to de-list from secondaries in order to be eligible for rewards.

๐Ÿ“ŠImmediately after distribution we'll post a comprehensive thread including all relevant metrics and spreadsheets.

๐Ÿ“ฃAt this time we'll also announce our next vote on our @PeerMeHQ DAO to determine the path forward.

๐Ÿ‘€We have a few options going forward but this will need to be voted on.

๐Ÿ˜ŽStay tuned and remember to de-list your NFT's before tomorrow night.

RT: https://twitter.com/HeliosStaking/status/1684277075635474432
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๐Ÿ”ฅWeโ€™re proud to announce that today weโ€™ve completed another @HeliosStaking Mitya #NFT distribution!

๐Ÿ‘Š๐ŸผA HUGE thank you to all our holders & supporters!

More info ๐Ÿ‘‡๐Ÿป

https://twitter.com/HeliosStaking/status/1684934528526106624
๐Ÿถ Calling all #MityaNFT holders!

๐Ÿ‘‘ We currently have 9,318.71 $USDC in the treasury and given the current market we should consider deployment.

๐Ÿ—ณ We are putting forward a proposal on @PeerMeHQ to use the $USDC to add some @VaporRepublic SFTs and NFTโ€™s to the treasury.

๐Ÿคฉ Not only are the @VaporRepublic SFTs themselves backed by redeemable $EGLD as collateral, they are also earning double-digit staking rewards that will go straight to the treasury as rewards for holders.

๐Ÿ—ฝ Should this pass weโ€™ll keep a full set of NFTs in our treasury & then sell the surplus NFTs and use the funds to grow the treasury base further.

See below for the vote link ๐Ÿ‘‡๐Ÿผ
https://peerme.io/proposals/9k5mVRDXwMXB

๐Ÿš€ This vote will be open for 3 days. Following its completion, we will then let holders decide on the next rewards distribution with another vote.

RT: https://twitter.com/HeliosStaking/status/1709153227042611663
๐Ÿ—ณ The results are in #MityaNFT community!

๐Ÿ—ฝ Our PeerMe HQ DAO proposal regarding acquiring Vapor Republic SFTs for our treasury is complete and our fantastic community have chosen โ€˜Option 2โ€™.

๐Ÿฆ Weโ€™ll be converting 50% of our $9,318 treasury to $EGLD and purchasing Vapor Republic
SFTs.

Read more here ๐Ÿ‘‡๐Ÿป
https://twitter.com/HeliosStaking/status/1710251016493404293
๐Ÿถ Calling all Mitya NFT holders!

๐Ÿ‘‘ We currently have 17.17 $EGLD from rewards earned at the current market values since the last proposal voted on by holders.

๐Ÿ‘€ That said, we're holding another vote on leading MultiversX DAO platform PeerMe HQ as to compound or distribute these rewards from this period.

Options are as follows:

1๏ธโƒฃ Distribute rewards to holders.

2๏ธโƒฃ Compound rewards to grow the treasury.

๐Ÿ”ฅ Remember the #MityaNFT treasury is 100% owned by the community of holders.

๐Ÿ—ณ This vote will be open on for 3 days and link to vote is in the next tweet of this thread. See you all at the polls!

More info here ๐Ÿ‘‡๐Ÿป
https://twitter.com/HeliosStaking/status/1718962890873459047
๐ŸบAttention #MityaNFT Holders!

๐Ÿ—ณ Proposal 7.0: Compound or Distribute Treasury Rewards is live.

๐Ÿค‘ In the current reward period, the #MityaNFT treasury has generated a total of $1,066.17 from its different DeFi deployments on @MultiversX
.

๐Ÿ—ฃ It's time for the @HeliosStaking
community to go to the @PeerMeHQ
polls and decide whether to 1/ COMPOUND or 2/ DISTRIBUTE - the treasury rewards from this period.

๐Ÿ‘‡ The choices will work as follows:

๐Ÿ” Compound: All rewards will be compounded back into the positions from where they were generated for the upcoming rewards period.

๐Ÿ“ฎ Distribute: All accumulated rewards will be converted to $EGLD and distributed to #MityaNFT holders in the proportion of 1 Mitya = 1 share of the distribution pool.

๐Ÿ—ณ Voting on @PeerMeHQ
will be open for 3 days until Monday 11th November at ~11:30 UTC.

๐Ÿซก See you all at the polls.