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FATExDAOFATExDAOby0xD8189e32771Ab8114f24eB5E3ACb5040BB8C7086fatexdao.eth

x2 FATE Harmony "automatic" price floor

Voting ended over 3 years agoFailed

This proposal is to increase the allocation given to FATE Harmony holders that is described in the Green Paper documentation here:

Please read this to understand the details, if you are not familiar: https://bit.ly/3yUcjGe

The proposal increases the floor price to 100% (from 50%), doubling the minimum value that our faithful FATExDAO Harmonites are guaranteed before it reverts to a 1:1 release.

Instead of ensuring a 50% increase it will ensure a 100% increase.

Please read this and ask questions in the DAO's TG/Discord groups if you have questions.

If you have not read the section in the documentation referenced above please do so before asking questions.

DAO leadership is proposing this to help its Harmonite-members and provide the same level of confidence we have about FATExFi.

Current DAO leadership/insiders will abstain from voting.

This will not impact the pre-allocation FATE (MATIC/FATExFi) amounts, which must also be approved 1 week before FATExFi's launch.

Off-Chain Vote

Yes - Approve the 100% Increase
0 FATE0%
No - Do not approve the 100% inc
0 FATE0%
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Timeline

May 23, 2022Proposal created
May 23, 2022Proposal vote started
May 26, 2022Proposal vote ended
Oct 26, 2023Proposal updated