DOTCAST /This_is_the

The purpose of this proposal is to top up our total initial request from REF #633 as due to the fluctuation of DOT price we received 30.46% less.

-Initial Request: $90,000, equivalent to 9,355.5 DOT at $9.62 per DOT.

-Received (12.05.24): $62,588.29, equivalent to 9,355.5 DOT at $6.69 per DOT.

-New Request: $30,152.65, equivalent to 4,015 DOT at $7.51 per DOT, this includes 10% buffer.
Remaining DOT’s will be returned back to the treasury, as usual.

View proposal #633 here.

Thank you.

A proposal is made to get more money because the price of DOT changed.
The initial request was for $90,000, which was worth 9,355.5 DOT at $9.62 each.
Instead, they got $62,588.29, which is the same 9,355.5 DOT but at a lower price of $6.69 each.
They are asking for an additional $30,152.65, which will be 4,015 DOT at $7.51 each.
This new request has a 10% extra amount included.
Any remaining DOT will be given back to the treasury.

Source

The purpose of this proposal is to top up our total initial request from REF #633 as due to the fluctuation of DOT price we received 30.46% less.

-Initial Request: $90,000, equivalent to 9,355.5 DOT at $9.62 per DOT.

-Received (12.05.24): $62,588.29, equivalent to 9,355.5 DOT at $6.69 per DOT.

-New Request: $30,152.65, equivalent to 4,015 DOT at $7.51 per DOT, this includes 10% buffer.
Remaining DOT’s will be returned back to the treasury, as usual.

View proposal #633 here.

Thank you.

DOTCAST /This_is_the_DOT Top Up