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YamYamby0x5139C2D023c638A5F5190858b2BA4886873Ed0270x5139…d027

Raise peg to USD 167.66

Voting ended over 5 years agoFailed

Several YAM harvesters and investors suffered significant losses following a disclosure from the developer team of a bug; as a result the price dropped from an all time high of 167.66$ to 11$, to then tumble to 1$ and below. Since this sudden drop was caused not by the intrinsic rebase mechanisms but rather by developers' mistake, it would seem fair to either raise the peg to $167.66 or, since 10.33 YAM v1 could only generate 1 YAM v2, $167.66*10.33 = $1731.9278.

Off-Chain Vote

Leave peg at $1.00
0 0%
Raise peg to $167.66
0 0%
Raise peg to $1731.9278
0 0%
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Timeline

Aug 24, 2020Proposal created
Aug 25, 2020Proposal vote started
Aug 28, 2020Proposal vote ended
Jan 23, 2024Proposal updated