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Aavegotchi · closed proposal
The Forge - Fee structure and establishing burn %, DAO %
Voters
882
GHST voted
15.37M
≈$678.8K
Token price
$0.04
AI summary
Summary pending — generation runs every 15 minutes.
Voting results
5% Aalloy burn; 5% Aalloy to DAO13.73M (89.3%)
10% Aalloy burn; 0% to DAO1.12M (7.3%)
0% Aalloy burn; 10% to DAO59.52K (0.4%)
More discussion needed.461.72K (3.0%)
15.37M GHST · ≈$678.8K · 882 votersblock 35038260
🐳 Whale votes
0 votes > 5% VPNo whale votes on this proposal.
Full proposal
Original markdown · Aavegotchi
Author: Dr Wagmi#6629 Gotchi ID: 16635 Discourse Thread: https://dao.aavegotchi.com/t/the-forge-aalloys-essence-and-smithing-a-massive-proposal/4432/48 Forge Litepaper: https://docs.google.com/document/d/1sKEmMJcwAfmIsysr1NP2D-EGvxKBtzZls7iDtM6gGXg/edit?usp=sharing
As part of the Forging process, more Aalloy will be required to Forge than will be returned to the Smith when the smelt their wearable. Our initial recommendation is for a 10% reduction in Aalloy returned to the user on Smelting. As an example, a common will cost 100 Aalloy to Forge but would only return 90 Aalloy to the user when …
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