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BTC $62,612.22 -1.74%
ETH $1,866.20 -1.18%
BNB $603.57 -1.00%
XRP $1.00 -0.38%
SOL $75.09 -1.49%
TRX $0.3321 -0.68%
DOGE $0.0693 -1.05%
ADA $0.1787 -2.84%
BCH $200.27 -6.19%
LINK $8.80 -0.13%
HYPE $55.66 -4.06%
AAVE $85.60 -2.38%
SUI $0.6751 -2.30%
XLM $0.1596 -0.44%
ZEC $480.92 -2.27%

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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