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BTC $63,065.39 +0.32%
ETH $1,881.32 +0.15%
BNB $608.30 +0.35%
XRP $1.00 +1.09%
SOL $75.38 +0.25%
TRX $0.3310 -0.44%
DOGE $0.0696 -0.34%
ADA $0.1767 -1.47%
BCH $203.51 -0.16%
LINK $9.51 +5.79%
HYPE $56.82 +0.76%
AAVE $86.22 +0.57%
SUI $0.6783 +0.04%
XLM $0.1581 +0.71%
ZEC $487.33 -0.68%

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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