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DebaseonomicsDebaseonomicsby0x7b87Fb3937C2725E804304f4E3528B20ec46a5c60x7b87…a5c6

Release Debase in D-bills

Voting ended over 5 years agoSucceeded

Summary With the upcoming fractional reserve (SP4), and UwU mining for one sided Debase, the potential mining options with other protocols, the current lack of reflexivity in ETH due to high gas-prices for mechanisms that require interaction with complex smart contracts, it would be prudent to release the Debase in D-bills.

While the increase in circulation supply may lead to volatility, the upcoming liquidity injection to treasury, and institutional marketing to gain exposure for Debase, such volatility (if any) would be short term.

Technical Details The code for the release will be seen by VidarTheAuditor from the Debase multi-sig.

The amount of Debase released in percentage of total supply is 1.8%

Vote Yes to agree, No to disagree.

Off-Chain Vote

Yes
5.25K 100%
No
0 0%
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Timeline

Mar 21, 2021Proposal created
Mar 21, 2021Proposal vote started
Mar 22, 2021Proposal vote ended
Oct 26, 2023Proposal updated