RE: Stop DEC:USDC LP Incentives and Deploy DAO Liquidity to Pool (EDITED)
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So now DEC is below 1000=$0.93 how much Money will the DAO spend buying DEC?
There needs to be a maximum written into the proposal or we authorise the DAO spending all available funds
'the DAO will also ensure the price of DECs is between $0.00096 to $0.00098 in the v3 pool at the time of adding liquidity. If the price is below, the DAO will buy DECs until $0.00096 is reached'
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Honestly did not expect DEC to become this much below peg, I am having second thoughts about the price range of this proposal now but also feel like it is very late to make a material change to the proposal. However, I also do not want it to pass in its current form.