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BTC $79,144.10 -0.96%
ETH $2,488.39 -0.28%
BNB $739.26 -1.34%
XRP $1.40 -1.13%
SOL $103.83 -2.13%
TRX $0.3345 -0.22%
DOGE $0.0897 +0.33%
ADA $0.2196 +0.29%
BCH $260.32 +1.38%
LINK $12.74 +2.72%
HYPE $85.13 -3.22%
AAVE $131.72 -1.32%
SUI $0.8244 +3.53%
XLM $0.1900 +3.18%
ZEC $1,156.96 -5.79%

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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