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BTC $62,986.84 -0.72%
ETH $1,879.24 -0.05%
BNB $605.89 -0.29%
XRP $1.00 +0.18%
SOL $75.56 -0.19%
TRX $0.3318 -0.63%
DOGE $0.0698 +0.13%
ADA $0.1799 -0.99%
BCH $201.63 -2.25%
LINK $8.84 +1.42%
HYPE $55.76 -3.53%
AAVE $86.35 -1.04%
SUI $0.6793 -0.71%
XLM $0.1598 +0.34%
ZEC $488.01 +0.37%

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

2023-09-19 18:30:45

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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