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RomeDAORomeDAOby0x79d0B656751D4C2413B7839e0eB52095446d7b3f0x79d0…7b3f

RIP-010: Change Payments from ROME to MIM

Voting ended almost 4 years agoSucceeded

This proposal seeks to change the monthly budget from payments in ROME to MIM.

Some of the reasons outlined in the post as arguments for this proposed change include:

  • removes sell pressure of ROME each month in favor of using treasury assets, a percentage of which can be expected to purchase ROME
  • makes it easier to offload the MIM approved in RIP-004 without the fees associated with bridging, swapping, and bridging back.
  • impact on backing/ROME is less when payments are rendered in reserves instead of ROME
  • easier to attract and retain talent when payments are in stables instead of native governance token

Full arguments for and against can be found here: https://forum.romedao.finance/t/rip-010-change-budget-rip-009-from-native-rome-to-mim/288

Off-Chain Vote

Change Payments from ROME to MIM
69.4K 95.3%
Do Not Change Payments to MIM
3.39K 4.7%
Download mobile app to vote

Timeline

Mar 12, 2022Proposal created
Mar 12, 2022Proposal vote started
Mar 15, 2022Proposal vote ended
Oct 26, 2023Proposal updated