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ZEC $895.06 -8.78%
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GOOGL $300.12 +1.69%
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SPCX $140.38 +0.74%
MU $793.89 +1.23%
AMD $576.50 +2.79%

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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