Referendum #831

Referendum 631 top up due to DOT price change

Small Spender
5mos ago
5 Comments
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.

Edited
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Request
44,712USDT
Status
Decision28d
Confirmation2d
Attempts
1
Tally
77%Aye
50.0%Threshold
23%Nay
Aye
19.43MDOT
Nay
5.82MDOT
  • 0.0%
  • 0.0%
  • 0.0%

Threshold

Support(0.26%)
3.68MDOT
Issuance
1.44BDOT
Votes
Nested
Flattened
Calls
  • Call
  • Metadata
  • Timeline6
  • Votes Bubble
  • Statistics
Comments

Bad precedent , Vote Nay

Are you ready to return dots when price go up? Same logic

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Voting in favor of Proposal #831 is a strategic decision to support the long-term sustainability and enhancement of the Polkadot network. The detailed planning, comprehensive features, and strong community support make this proposal a valuable investment in the network’s future. Continuing to fund and develop the Fellowship collective ensures that Polkadot remains at the forefront of blockchain innovation and governance.

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