Propose to upgrade and set up 4 hours Twap pricing mechanism on protocol by snapshot on Uniswap.
Current protocol design: Mars Project aiming at bridging POW mining and DeFi together. As mentioned on Medium, 50,000 pBTC35A is the first batch on protocol and team will prepare more pBTC35A when corresponding next batch fully operated in data center. Contract hand, will stick to pBTC35A right now, no concrete plan to set up a new one so far.
Problem: How to pricing for coming batch? Propose to use 4 hours Uniswap V2 Twap price before new batch launch, pegged with market price by snapshot on Uniswap price accumulate.
For full transparency and intellegence collecting from community, a new Discord channel #governance will be created and welcome all users to participate in.