Summary
I propose to channel 0.5 Waves per block from the Waves DAO flow to WXDAO https://wx.network/wxdao. WXDAO is built in such a way that its treasury should grow with the buyback of WXG tokens and an increase in the WX token price. With the implementation of derivative markets, WX volumes should increase significantly, providing a means to buy back more WXG tokens and WX tokens. This is because WX exchange fees are used for the buyback of both WXG and WX tokens, in a 50/50 proportion. This proposal represents a safe and effective strategy to grow the Waves DAO treasury and introduce a new steady growth mechanism for it.
Invoke Script transaction preview
- Transaction ID
- AaqzbZTnEfQeU3sd33AtCDNLGSf2uHSNoUb6pwVhny5n
- Sender address
- 3PEwRcYNAUtoFvKpBhKoiwajnZfdoDR6h4hPublic key: GDPfYHA6NUZCmin3J7LWZhCvSjBcna8HebyvQyrw17v
- Smart contract address
- 3PEwRcYNAUtoFvKpBhKoiwajnZfdoDR6h4h
- Function call
setSchedule(3PEA2Mr8CgWXdaosBUK3TqxpWDC4MSofsYn, 50 000 000, 10 000 000 000 000, false)- Blockchain fee
- 0.009 WAVES
- Execution time
- 20 Mar 2024 18:35Broadcast 17:35 - 19:35
Raw transaction data
{
"type": 16,
"version": 2,
"senderPublicKey": "GDPfYHA6NUZCmin3J7LWZhCvSjBcna8HebyvQyrw17v",
"dApp": "3PEwRcYNAUtoFvKpBhKoiwajnZfdoDR6h4h",
"call": {
"args": [
{
"type": "string",
"value": "3PEA2Mr8CgWXdaosBUK3TqxpWDC4MSofsYn"
},
{
"type": "integer",
"value": 50000000
},
{
"type": "integer",
"value": 10000000000000
},
{
"type": "boolean",
"value": false
}
],
"function": "setSchedule"
},
"payment": [],
"fee": 900000,
"feeAssetId": null,
"timestamp": 1710959701000,
"chainId": 87,
"proofs": [],
"id": "AaqzbZTnEfQeU3sd33AtCDNLGSf2uHSNoUb6pwVhny5n"
}