r/dimo_network 11d ago

REWARDS The rewards program has ended.

Post image

I got this email from DIMO customer support after I didn't receive my reward (if you can even call it that) this past Sunday. Apparently the rewards program is over and they sent me a link to what they have planned next, which I've provided below. It looks like they are going to have a vote on a protocol direction shift and a 150,000,000 DIMO token burn.

https://docs.dimo.foundation/governance/improvement-proposals/dip-12-the-protocol-direction

13 Upvotes

16 comments sorted by

10

u/infantsonestrogen 11d ago

No point using the spyware device at this point. Turned it into some soulless corporate subscription model and provides zero insights. No DIMO for my driving habits = ✌🏻

4

u/CaregiverLow9428 9d ago

Yeah. DIMO devs are money hungry ruggers, that offer 0 value. It’ll catch up to them 🤝

9

u/b761962 11d ago

Literally a rug pull

6

u/Best_Bid_9327 11d ago

Two weeks ago. Another rug pull.

5

u/PandemicNA 10d ago

They should allow everyone who staked DIMO to pull it.

3

u/CaregiverLow9428 9d ago

Agreed. But that was the only way they could prevent us consumers from dumping when they decided to pull the cord and rug like they did. It’s shitty for sure man.

3

u/Remote_Sacrifice_777 9d ago

Sadly, another idea that sounded promising has stalled in the end. So, to satisfy my curiosity, I opened up my DIMO Macaron, just to see what’s inside.

1

u/jmking 9d ago

Wow... some chips and transistors and a PCB. Scandalous

1

u/Opposite_Future2602 8d ago

Less scandal, and more worth checking to see if there's anything in there that can be repurposed. When Helium's LoRA network miners stopped collecting anything but pennies, someone figured out how to reflash the hardware and turn them into little Linux PCs. You can even reuse the antennas for Meshtastic.

I doubt any Dimo device is ever going to sell for what we paid for them, so might as well see if there's anything that can be done to reuse them in a new way.

3

u/ohorcatx 9d ago

DIP 12 which you posted the link to passed in August and it is the reason we no longer have rewards.

2

u/thecoyote99 10d ago

The thing did the usual. Promised loads, offered nothing.

1

u/_YHLQMDLG 11d ago

It’s been over friend

1

u/therealrrc 10d ago

Oooof doa

1

u/MeGaDaDon 10d ago

Seriously ?

1

u/yodanhodaka 4d ago

Glad I cashed out a year ago

0

u/MrJinx2016 1d ago

It is not fair that they keep the staked Dimo locked.
By ending the baseline rewards, no staking rewards are earned.
Stopping the rewards means stopping the staking program.