Odaily Planet Daily News The Abracadabra community, the issuer of the algorithmic stable currency MIM, is voting on the "Further Amendment of Interest Rate" AIP #13.6 proposal, and the voting will end on August 6.
This proposal is a revised version of the AIP #13.5 proposal "Interest Rate Adjustment to CRV cauldrons", which aims to address the current large CRV risk exposure of the protocol.
As previously reported, the Abracadabra community failed to pass the AIP #13.5 proposal for "rate adjustments to CRV cauldrons" with only 27.74% support. Among them, masterofdisaster.eth cast 10 billion SPELL votes against, accounting for almost 100% of all the votes against.