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ETH $2,226.54 -1.72%
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TRX $0.3514 -0.46%
DOGE $0.1125 -2.81%
ADA $0.2611 -2.97%
BCH $425.45 -2.24%
LINK $10.06 -3.14%
HYPE $43.13 -6.04%
AAVE $92.59 -5.16%
SUI $1.09 -6.93%
XLM $0.1549 -3.80%
ZEC $509.56 -6.35%

Abracadabra Money has approved the AIP28 proposal: to select DWF Labs as the DAO market maker

2023-09-19 18:30:45
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ChainCatcher message, Abracadabra Money has approved the AIP28 proposal on September 14, selecting DWF Labs as the DAO market maker.

The main content of the AIP 28 proposal is: DWF Labs requests a token loan of 4.62 billion SPELL (worth $1.8 million) and to purchase $1 million worth of SPELL at a 15% discount (locked for 24 months, sourced from future SPELL release budget) to enhance SPELL liquidity. The proposal started voting in the Abracadabra Money community on September 2 and has now concluded.

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