📢📢📢 We’re excited to announce the details of three Komodo Improvement Proposals (KIPs)! KIP0002 - Block Subsidy Reduction KIP0003 - Transaction Fee Increase and Burn KIP0004 - Consensus Upgrade On April 18, 2024 (UTC), there will be a snapshot of the KMD blockchain to determine voting eligibility. The exact block height/time of the snapshot won't be announced ahead of time. We will announce the snapshot block height once it has been completed. The amount of tokens you receive is 1:1 based on how much KMD is held in a non-custodial wallet (i.e. Komodo Wallet) at the time of the snapshot. If eligible, you will later receive three special tokens (KIP0002, KIP0003, KIP0004) that can only be used specifically for voting on each proposal. Note that if you hold KMD in custodial wallets (i.e. Binance exchange or other CEXs), you will not receive tokens, and CEXs aren’t allowed to participate in the voting process. Please read our blog announcement for more details on voting timeframes, proposal options, and supported wallets. #crypto #cryptonews #DeFi #blockchain #tech #fintech #Komodo $KMD https://komodoplatform.com/en/blog/2024-komodo-improvement-proposal-voting/