ImpactScope
5 Posts
PLMC Unslashed!
After three successfully launching three on-chain fundraises, Polimec has identified some key areas for improvements and has announced its proposal for Polimec Evolution. The first major change would reduce the funding cycle from 49 down to 21 days, with the Evaluation, Auction, and Community Rounds taking 7 days each. Next, the funding thresholds would be adjusted so that funding would automatically be accepted and evaluators rewarded when funding passes 33%. Whether or not this proposal passes, Polimec has decided to refund slashed PLMC from ImpactScope and Mandala Chain fundraises, which both achieved funding of more than 33%.
Slash and Earn
Impactscope has completed its funding on Polimec, raising $100k. As this outcome is slightly over 33% of their target, Polimec guidelines give them the option to accept or decline the funding. ImpactScope has accepted the funding and participants will receive their tokens. However, as the funding threshold is below 75%, evaluator's bonded PLMC will be slashed by 20%.
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