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closedEnded 3 years ago ยท Snapshot (Offchain)

Adjust aaltar spillover rates

By 0x10B9...de229b

Authors: Mark#4094, Fantasma#1777 Gotchi IDs: 16559, 2824

Hello frens,

Thereโ€™s been a lot debate in the DAO this week around alchemica inflation. Itโ€™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.

image

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.

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0
Votes 732
VoterCast PowerVote & Rationale
0xDd56...1eAC63
3.066M

Change to proposed aaltar rates

0x5119...aecA6C
2.774M

Change to proposed aaltar rates

0x417a...be8C48
563,349

Change to proposed aaltar rates

0x06b4...c03D99
339,409

Change to proposed aaltar rates

0xd757...dC4e4f
259,177

Do nothing

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0
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Proposal Status
  • Thu October 27 2022, 03:50 pmVoting Period Starts
  • Thu November 03 2022, 12:00 pmEnd Voting Period
Current Results

1-Change to proposed aaltar rates

11.657M

75.79%

2-Do nothing

3.725M

24.21%
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