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MahaDAOMahaDAOby0xD421B87F74E7dEB898Bd601B8f8a150b70d7aced0xD421…aced

AIP10: Increasing price ceiling/floor from 1$ to 1.05$ temporarily

Voting ended about 5 years agoSucceeded

This proposal suggests that we increase the price ceiling for fees on MahaSwap from 1$ to $1.05-$1.10.

What this does in effect is force create a buy pressure that pushes the ARTH into expansion and start paying off all the debt holders (ARTHB holders) one by one.

This is a "temporary" measure taken since the recent debt that than accumulated was due to bad whales who were gaming the protocol. This gives the protocol an opportunity to clear of its debt.

Special thanks to Warren for contributing to this AIP.

AIP 10: https://discuss.mahadao.com/t/aip10-increasing-price-ceiling-floor-from-1-to-1-05-temporarily/75

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Timeline

Feb 15, 2021Proposal created
Feb 15, 2021Proposal vote started
Feb 16, 2021Proposal vote ended
Oct 26, 2023Proposal updated