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A HIP to unify the Helium ecosystem into one token passed for IOT and HNT under HIP 138, but failed for MOBILE, thus, resulting in continued emissions of the MOBILE Decentralized Network Token (DNT). Therefore, starting January 15th, HNT will no longer continue to be emitted into the MOBILE subDAO treasury, effectively worsening the HNT/MOBILE treasury swap rate in perpetuity. This disadvantages those who previously locked MOBILE to support the governance of the sub network by not allowing them to swap their MOBILE at an optimal treasury swap rate. This HIP outlines the future of the MOBILE token as solely a governance token with no other purpose.
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A HIP to unify the Helium ecosystem into one token passed for IOT and HNT under HIP 138, but failed for MOBILE, thus, resulting in continued emissions of the MOBILE Decentralized Network Token (DNT). Therefore, starting January 15th, HNT will no longer continue to be emitted into the MOBILE subDAO treasury, effectively worsening the HNT/MOBILE treasury swap rate in perpetuity. This disadvantages those who previously locked MOBILE to support the governance of the sub network by not allowing them to swap their MOBILE at an optimal treasury swap rate. This HIP outlines the future of the MOBILE token as solely a governance token with no other purpose.