9th Jan - Homnifi Platform Update: DAO-Approved Changes & Promotions

Upcoming Implementation of DAO-Approved Proposals - Effective 19th January

As part of our commitment to community-led governance, we are preparing to implement two DAO proposals that were approved by the LayerK DAO. These changes are now moving from governance to execution and will go live on 19th January.

1. Reduced Minting Power for New Purchases (DAO Proposal #9)

Following community approval, we are introducing a revised minting power structure.

Key Clarification:

• This change applies only to new purchases made after the implementation date

• Existing users and current device holders are not impacted

• All machines already purchased will continue to operate with their original minting power, without any reduction

This update is designed to:

• Preserve long-term protocol sustainability

• Reward early adopters who entered the ecosystem earlier

• Encourage timely participation before the new structure takes effect

Users planning to purchase new computer devices may want to act before the reduced minting power is activated.

2. Yearly Minting Power Decay (DAO Proposal #10)

We are also implementing a structured yearly minting power decay model, as approved by the DAO.

How the decay works:

• No decay applies during the first year

• After completion of the first full year, minting power will reduce by 15% per year

• This reduction will apply for four consecutive years

• At the end of the fourth reduction cycle, minting power stabilizes at 60%, with no further decay

Important Notes:

• The decay is time-based, not activity-based

• It begins only after one full year is completed

• This is a forward-looking protocol rule and does not retroactively alter past rewards

This mechanism introduces a predictable, transparent emission curve while maintaining long-term reward balance.

smLYK & USDK-Promo Linking Promotion Extended

The smLYK and USDK-Promo burn campaign, which officially ended on 31st December 2025, has now been re-enabled due to strong community demand.

What this means for users:

• smLYK and USDK-Promo tokens can continue to be used for machine linking

• Users can still take advantage of the promotional linking benefits

• This extension allows better utilization of promotional balances already held by users

This decision was taken to support users who requested additional time and flexibility to maximize their existing promotional tokens.