Decide the Future Burn Rate for Non-Migrated $ADX-STAKING Tokens
Our latest governance proposal aims to increase the maximum burn rate for non-migrated $ADX-STAKING tokens to encourage holders to migrate to the new $stkADX staking token.
Following the redesign of the $ADX staking mechanism, we announced earlier this year that $ADX-STAKING tokens can and should be migrated. We gave holders 28 days to migrate at 100% value, plus an additional 90-day penalty period with a token burn that increases daily, reaching a maximum of 20% by the end of the period. The end of the window is now fast approaching: the 90 days run out on Thursday, October 8th, 2026, and it is now time to decide the fate of the remaining non-migrated tokens.
Proposal overview
We propose increasing the maximum burn rate for non-migrated tokens (previously set to 20%) to encourage holders to migrate to the new $ADX staking token, namely $stkADX. This proposal aims to determine the burn rate after the fixed penalty period ends on October 8th, 2026.
There are multiple benefits to the migration: free access to the heyAura AI assistant, revenue sharing, unification of the $ADX ecosystem, broader token utility, and a growth tool for heyAura as a centerpiece of the ecosystem. You can migrate on the $ADX staking portal.
Voting options
- Burn extra 0.25% daily
- Burn extra 0.50% daily
- Burn extra 1.00% daily
Proposal motivation
We announced the migration of $ADX staking in June 2026, and allowed for a grace period of 28 days, followed by a 90-day penalty period during which stakers could still migrate, but a portion of their staked tokens would get burned. As the penalty period comes to an end, we’d like to encourage holders to migrate their tokens to unify $ADX staking and ensure that all stakers hold the updated $stkADX token. This way, the new token doesn’t just sit by the product, but becomes part of how users access it, participate in governance, and share in ecosystem growth.
Voting eligibility
- Hold $ADX, $stkADX, or $ADX-STAKING on Ethereum or $ADX on BNB Chain before the snapshot. Please note that the voting power of unstaked $ADX tokens will be half (0.5 points) that of staked $ADX tokens ($stkADX or $ADX-STAKING)
- Any token changes after the snapshot will not affect the voting power. For example, staking your $ADX tokens after the snapshot will not double your voting power.
Voting timeline
- Vote start: Voting period begins on Thursday, October 1st, 2026, at 13:00 UTC
- Vote end: Voting period closes on Thursday, October 8th, 2026, at 13:00 UTC
How to vote
- Open the proposal on Snapshot
- Connect your wallet holding $ADX, $stkADX, or $ADX-STAKING staked tokens
- Choose one of your voting options and confirm
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