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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)
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.
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.