The dust has settled, and the final results for the first governance vote using BTR are in!
KIN received 10,205,090 BTR of support, 255.12% of its 4,000,000 target, and thus passed the vote. It was listed on the exchange on August 3rd, and was even entered into Power Piggy with a special inaugural rate of 15%.
JAM received 6,438,976 BTR of support, 160.97% of its 4,000,000 target, and also passed the vote. It was listed on the exchange on July 30th.
Supporters for each of these coins received a combined prize pool with a value of roughly $45,000 USDT. The amount each user received was proportional to the amount of BTR staked as support.
In total more than 16 million BTR was staked to vote for JAM tune.fm (built on Hedera Hashgraph) and KIN (built on Solana) to be listed on the exchange.
We couldn't be happier with how things turned out! Customers have been enthusiastic about supporting coins that they believe in, while coin projects have been reaching out to Bitrue to be included in subsequent rounds.
We will have plenty more voting opportunities coming in the future, not only for listing new coins but also for deciding which coins are added into Power Piggy and what our developers should spend their time coding.
If you are the official representative of a coin and would like to see it in the BTR Vote feature for the future, please fill out this form.