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BTC $78,983.74 -1.49%
ETH $2,483.30 -1.19%
BNB $738.71 -1.80%
XRP $1.39 -2.00%
SOL $103.66 -2.64%
TRX $0.3341 -0.39%
DOGE $0.0903 -0.26%
ADA $0.2197 -1.41%
BCH $258.14 -0.87%
LINK $12.73 -3.85%
HYPE $85.10 -3.07%
AAVE $131.81 -3.05%
SUI $0.8152 +0.83%
XLM $0.1931 +3.64%
ZEC $1,134.58 -7.35%

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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