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.
Bad precedent . Vote NAY