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AavegotchiAavegotchiby0x10B989914A478Ed7DE2d2C4CC4e835bbd3de229b0x10B9…229b

Adjust aaltar spillover rates

Voting ended over 3 years agoSucceeded

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

Hello frens,

There's been a lot 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.

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.

Off-Chain Vote

Change to proposed aaltar rates
11.66M GHST75.8%
Do nothing
3.72M GHST24.2%
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Discussion

AavegotchiAdjust aaltar spillover rates

Timeline

Oct 27, 2022Proposal created
Oct 27, 2022Proposal vote started
Nov 03, 2022Proposal vote ended
Oct 26, 2023Proposal updated