Volatility adjustment for REF651 and REF742
a year ago
Executed
Proponent: DavidCC
19C7X2ayEGaHbRb7obTd7u2crJhYm6W47XpyLC2jQBGdpif
Requested DOT: 13.855,6 DOT (91585,58 $ based on DOT/USD rate of 6.61$)
For REF651 the amount was approved at 566100 $ (68868 DOT @ 8.22$) funds recieved on 2024-05-12 DOT @ 6.69$ 460726,92 $ (105.373$ missing)
For REF742 the amount was approved at 980000 $ (138218 DOT @ 7.09$) funds recieved on 2024-05-12 DOT @ 7.19$ 460726,92 (13.787,42$ to refund)
Hence kindly approve this integration of 91585,58 $ (DOT @ 6.61$) 13.855,6 DOT
Comments (5)
Requested
13.86K DOT
Proposal Passed
3
of 3Summary
0%
Aye
0%
Nay
Aye (49)0.0 DOT
Support0.0 DOT
Nay (25)0.0 DOT
I agree with the adjustment since market volatility has significantly reduced the values initially requested in the proposal
It's A big thumbs up from the Pink Pool