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MahaDAOMahaDAOby0xD421B87F74E7dEB898Bd601B8f8a150b70d7aced0xD421…aced

AIP12: Keep Sell Fees Until ARTH Grows to a 20mn Market Cap Coin

Voting ended about 5 years agoSucceeded

This proposal suggests that we keep the high sell fees on MahaSwap to discourage selling until ARTH grows to a 20mn Marketcap coin.

This in effect will force the protocol into expansion and give expansion rewards to all those who participate in the protocol.

Since ARTH is still nascent, this also helps in creating more positive growth and further makes ARTH big enough to be integrated with other DApps.

This proposal will implement the following changes:

  • Keep high sell fees until ARTH expands to a 10-20mn mcap coin and then gradually (and slowly) decrease sell fees.

  • Keep expansion rewards to max 5% per epoch so that we have a longer expansion cycle and also take into account for liquidity on Mahaswap.

Special thanks to Rob Mac for contributing to this proposal.

Link: https://discuss.mahadao.com/t/aip12-keep-sell-fees-until-arth-grows-to-a-20mn-market-cap-coin/80

Off-Chain Vote

Approve AIP12
36.52K 86.4%
Reject AIP12
5.73K 13.6%
Download mobile app to vote

Timeline

Feb 22, 2021Proposal created
Feb 22, 2021Proposal vote started
Feb 23, 2021Proposal vote ended
Oct 26, 2023Proposal updated