Increase FT deflation expectations.
All distributable income of the day will be used for repurchase and destruction of FT if the daily distributable income of that day is less than 10BTC.
If the distributable income exceeds 10BTC on a day, the distribution of income on that day shall follow the existing rules (20% of distributable income of the previous day will be allocated on this day, and the remaining 80% shall be included in the cumulative distributable income of the year).
Consensus resolution: Pass, authorize the team to initiate rule adjustment referendum. The referendum time shall subject to the platform announcement.
Support: chanwe, 有朋, 布局圣手, 鉴湖飞雨, 周安, 巴菲特, 杨益挺Frank, 沈飞, 麻久熙
FT Community Committee Secretariat
January 15, 2020