How should we adjust the ABC to deal with the unknowns presented by Ragequitting?
The Facts:
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When making the parameters, we had to make an assumption of how much wxDai and TECH will Ragequit from the HatchDAO.
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We assumed 60,000 wxDai and 79,497.26 TECH would be ragequit from the HatchDAO
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So far 35,794.758 wxDai and 47,426.42 TECH tokens has been ragequit
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We won’t know the final amount of wxDai and TECH tokens ragequit until 6 days after the parameter set is chosen.
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This will primarily effect the ABC configuration.
We have to decide how to adjust the ABC’s configuration so that the discrepancies made by the unknown amount of Hatcher Tokens and wxDai in the HatchDAO at migration.
For more information, please check out this forum post:
https://forum.tecommons.org/t/dealing-with-the-ragequitters-proposal/800
Please Rank the 4 options according to your preference.
#1 - Keep the Reserve Ratio constant to match the winning proposal, adjust the Opening Price, Initial Buy & Commons Tribute
#2 - Keep the Opening Price constant to match the winning proposal, adjust the Reserve Ratio, Initial Buy & Commons Tribute
#3 - Keep the Initial Buy and Commons Tribute constant to match the winning proposal, adjust the Reserve Ratio & Opening Price
#4 - Vary all parameters to get as close to the spirit of the winning proposal as possible
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
 0x38Df...f33C3b | 387 | (1st) Keep the Reserve Ratio Constant |
 0x8393...6F0780 | 251 | (1st) Devs, just do the best you can, (2nd) Keep the Opening Price Constant, (3rd) Keep the Reserve Ratio Constant, (4th) InitialBuy & C. Tribute Constant |
 0x5acb...D59D32 | 227 | (1st) Devs, just do the best you can |
 0xcf79...4cF6e8 | 161 | (1st) Keep the Reserve Ratio Constant, (2nd) Devs, just do the best you can |
 0x536c...5388c2 | 156 | (1st) Devs, just do the best you can, (2nd) Keep the Reserve Ratio Constant, (3rd) Keep the Opening Price Constant, (4th) InitialBuy & C. Tribute Constant |
VOTE POWER
Proposal Status
- Sat January 08 2022, 05:25 amVoting Period Starts
- Thu January 13 2022, 02:00 pmEnd Voting Period
Current Results
1-Devs, just do the best you can
2,418.297
2-Keep the Reserve Ratio Constant
1,401.897
3-Keep the Opening Price Constant
56.264