# \[RFC\] Allow affected users of NFT allocation termination to convert to veHFT

**URL:** <https://gov.hashflow.com/t/rfc-allow-affected-users-of-nft-allocation-termination-to-convert-to-vehft/484>\
**Category:** Governance\
**Created:** [December 28, 2022, 6:05am UTC](https://gov.hashflow.com/t/rfc-allow-affected-users-of-nft-allocation-termination-to-convert-to-vehft/484 "2022-12-28T06:05:44Z")\
**Posts on this page:** 6\
**Page:** 1

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**Author:** ![Evgeny](https://avatars.discourse-cdn.com/v4/letter/e/a88e57/32.png) [@Evgeny](https://gov.hashflow.com/u/Evgeny)\
**Post date:** [December 28, 2022, 6:05am UTC](https://gov.hashflow.com/t/rfc-allow-affected-users-of-nft-allocation-termination-to-convert-to-vehft/484/1 "2022-12-28T06:05:44Z")

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## Proposal Structure

- Title: [DRAFT]: Allow affected users of NFT allocation termination to convert to veHFT
- Author(s): Evgeny
- Related Discussions: [[Implemented] Terminate vesting of HFT to NFT holders who hold less than 20% of claimed HFT](https://gov.hashflow.com/t/terminate-vesting-of-hft-to-nft-holders-who-hold-less-than-20-of-claimed-hft/447)
- Submission Date: 28/12/22

**Body Paragraphs:**

- Simple Summary:

This proposal gives the option to convert to veHFT for users who their HFT allocation might be terminated by the snapshot proposal [https://snapshot.org/#/hashflowdao.eth/proposal/0x784f4d8e92fe3567af1ced6f10ec557243d6ad00e7826563be57b1e88d31319c](https://snapshot.org/#/hashflowdao.eth/proposal/0x784f4d8e92fe3567af1ced6f10ec557243d6ad00e7826563be57b1e88d31319c)

- Abstract:

Instead of taking away - this allows for holders to retain tokens and full voting power.

- Motivation:

I strongly disagree with taking tokens from NFT holders and so I think the best solution would be to convert the unvested / terminated portion to veHFT.

- Specification & Rationale:

Implementation is simple - allow the affected users to convert to veHFT to access their full voting power (the time lock needs to be the max one).

- Benefits (Pros):

Stop from the terminated users selling their tokens and encourage them to participate in governance.

- Downside (Cons):

Not that I can think of.

- Voting:

Yes - means implement this proposal.  
No means do not implement it.

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**Author:** ![tD1](https://avatars.discourse-cdn.com/v4/letter/t/3be4f8/32.png) [@tD1](https://gov.hashflow.com/u/tD1)\
**Post date:** [December 28, 2022, 7:04am UTC](https://gov.hashflow.com/t/rfc-allow-affected-users-of-nft-allocation-termination-to-convert-to-vehft/484/2 "2022-12-28T07:04:01Z")

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This proposal makes sense, since “terminate vesting” point is not disclosed in original one.

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**Author:** ![Hiker](https://avatars.discourse-cdn.com/v4/letter/h/3be4f8/32.png) [@Hiker](https://gov.hashflow.com/u/Hiker)\
**Post date:** [December 28, 2022, 11:52am UTC](https://gov.hashflow.com/t/rfc-allow-affected-users-of-nft-allocation-termination-to-convert-to-vehft/484/3 "2022-12-28T11:52:20Z")

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If opening proposal pass…this is a good idea.  
I support this proposal

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**Author:** ![0xZZ](https://yyz1.discourse-cdn.com/flex035/user_avatar/gov.hashflow.com/0xzz/32/108_2.png) [@0xZZ](https://gov.hashflow.com/u/0xZZ)\
**Post date:** [December 28, 2022, 1:38pm UTC](https://gov.hashflow.com/t/rfc-allow-affected-users-of-nft-allocation-termination-to-convert-to-vehft/484/4 "2022-12-28T13:38:55Z")

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Affected users on the ongoing proposal are totally wrong.  
for instance, I will be included because I transferred my tokens from A =\> B, as the proposal announced: I sold 100% of my claiming in the original wallet but this is totally wrong.  
I wish this proposal was never exist! I wrote a new proposal to fix problems in it, take a look: [**[DRAFT] Reschedule vesting of high potential sellers to slow down token emission**](https://gov.hashflow.com/t/draft-reschedule-vesting-of-high-potential-sellers-to-slow-down-token-emission/489)

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**Author:** ![gxmxni](https://yyz1.discourse-cdn.com/flex035/user_avatar/gov.hashflow.com/gxmxni/32/55_2.png) [@gxmxni](https://gov.hashflow.com/u/gxmxni)\
**Post date:** [December 31, 2022, 8:15pm UTC](https://gov.hashflow.com/t/rfc-allow-affected-users-of-nft-allocation-termination-to-convert-to-vehft/484/5 "2022-12-31T20:15:38Z")

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I’ve been talking to people separately on Discord, but putting my concerns here for visibility. If we ve-lock tokens:

- they should be locked for a max or close to max period of time – this would result in at least 2y worth of lock
- these tokens would be unlocked all at once
- there could be some imbalances in voting power, prolonging the issues we have with voting power distribution rn

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**Author:** ![brian](https://yyz1.discourse-cdn.com/flex035/user_avatar/gov.hashflow.com/brian/32/162_2.png) [@brian](https://gov.hashflow.com/u/brian)\
**Post date:** [January 2, 2023, 1:36am UTC](https://gov.hashflow.com/t/rfc-allow-affected-users-of-nft-allocation-termination-to-convert-to-vehft/484/6 "2023-01-02T01:36:10Z")

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Closed on January 2, 2023, 1:36am UTC


