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Magic Internet MoneyMagic Internet Moneyby0x5EeDA5BDF0A647a7089329428009eCc9CB9451ccabracadabradaoeoa.eth

AIP #65: Discontinuation of Fantom Markets and Ending Abracadabra Support on Fantom Chain

Voting ended about 1 year agoSucceeded

TL;DR: This proposal seeks to discontinue all support for the Fantom Network within the Abracadabra ecosystem. This includes Beaming, Cauldrons, mSPELL, and any other Abracadabra-related products currently live on Fantom .

Additionally, as part of this process, all outstanding Cauldron positions on Fantom—currently holding approximately $300,000 in user collateral—will face automatic liquidation after March the 4th, if they are not closed beforehand .

Off-Chain Vote

For
8.92B SPELL99.2%
Against
65.13M SPELL0.7%
Abstain
7.67M SPELL0.1%
Quorum:300%
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Discussion

Magic Internet MoneyAIP #65: Discontinuation of Fantom Markets and Ending Abracadabra Support on Fantom Chain

Timeline

Feb 18, 2025Proposal created
Feb 21, 2025Proposal vote started
Feb 25, 2025Proposal vote ended
Mar 12, 2025Proposal updated