Referendum 631 top up due to DOT price change
2 years ago
Executed
The purpose of this proposal is to top up our request from referendum #631 as due to the fluctuation of DOT price we received 28.9% less.
- Initial Request: $154,080, equivalent to 16,348 DOT at $9.425 per DOT.
- Received (12.05.24): $109368, at $6.69 per DOT.
- New Request: 44,712 USDT.
About the work, we have delivered all the commitments, had discussions with fellowship members, collected feedbacks and preparing next step work.
Comments (4)
2 years ago
The OpenSquare team has been delivering great impact since a long time via multiple products.
We understand the impact of the DOT price fluctuation and have been at the receiving end of the fluctuation as well earlier.
It is a yes from our end.
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Requested
44.71K USDT
Proposal Passed
Bad precedent , Vote Nay
Are you ready to return dots when price go up? Same logic
@PromoTeam | Web3 Uzbekistan Hey sure, we requested it because the price change is over a threshold(25%). Of course we should & will return dots if price go up over this threshold for future proposals.