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MITH CashMITH Cashby0x842F694A67184c00C9b31B9fb745A4c23784a9850x842F…a985

Approve Proposed Seigniorage Threshold Change to when $MIC>1.01

Voting ended about 5 years agoSucceeded

Dear community,

Our original seigniorage threshold is when $MIC >$1.05. We had discussed and proposed to switch the seigniorage threshold to when $MIC > $1.01, as stated in our documentation.

We are ready to merge this improvement, and would like the community to vote on this, to approve the change.

Please let us know through a 24H $MIS holder vote, if you would like to adopt our proposed improvement where seigniorage threshold $MIC > $1.01, or maintain the original $MIC > $1.05 seigniorage threshold.

For: Adopt proposed improvement, where seigniorage occurs when 24H TWAP of $MIC > 1.01

Against: Maintain old version, where seigniorage occurs when 24H TWAP of $MIC > 1.05

Off-Chain Vote

For
10.24K 98.6%
Against
142.11 1.4%
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Timeline

Jan 08, 2021Proposal created
Jan 08, 2021Proposal vote started
Jan 09, 2021Proposal vote ended
Oct 26, 2023Proposal updated