Aavegotchi

Author: Mark#4094, Fantasma#1777 GotchiID: 16559, 2824 Quorum requirement: 20% (9M) Vote duration: 7 days XP Reward: 20 XP for each Aavegotchi in the voter’s wallet Discourse Thread: https://dao.aavegotchi.com/t/alternative-alchemica-economic-plan/4490

Hello frens,

There’s been a lot of debate in the DAO this week around alchemica inflation. It’s clear that our economy cannot handle the amount of tokens being currently issued. Therefore, we have come up with a proposal to increase spillover rate in lower level aaltars to help reduce the amount of alchemica being issued and encourage frens to upgrade their aaltars. We believe this will stabilize the economy until more alchemica sinks are introduced in the eagerly anticipated combat release.

The following table shows the Daily FUD inflation rate caused by chanelling, broken down by aaltar level. You can see the current inflation levels and spillover rates, our new proposed spillover rates and the reduction in inflation this will cause.

We believe these measures are necessary given current economic conditions but we are always free as a DAO to change them at a later date in light of new information or more alchemica sinks being introduced.