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closedEnded 4 years ago · Snapshot (Offchain)

FIP-52: Increase DAI PCV allocation

By 0x6ef7...5C6148

Summary

Change the DAI bonding curve parameters to get 50M more DAI in the PCV.

Motivation / Background

We are at a healthy CR of ~300%, but that may change in the future if a bear market comes or if the merge happens and a lot of large TRIBE holders ragequit. To be on the safe side, I’d suggest we get more stablecoins in the PCV, while the protocol is so healthy.

Specification

Current DAI bonding curve parameters :

  • mintCap = 150M
  • scale = 100M
  • discount = 0%
  • buffer = 1%

Change to :

  • mintCap = 160M
  • scale = 150M
  • discount = 0%
  • buffer = 0.2%
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Connect Wallet to Add Note
0
Votes 59
VoterCast PowerVote & Rationale
0x70b6...ddeCA9
5.114M

For

0x6ef7...5C6148
3M

For

0x7E74...6001D2
2.509M

Against

0xC64E...A5a484
2.5M

For

0x6A42...35ee9b
2.038M

Against

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VOTE POWER
0
Connect Wallet
Proposal Status
  • Mon December 06 2021, 08:00 amVoting Period Starts
  • Wed December 08 2021, 08:00 amEnd Voting Period
Current Results

1-For

12.799M

70.21%

2-Against

5.432M

29.79%
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