Change the Market Maker

Introduction

Change the Market Maker

Problem

MM is depreciating the value of DIA for quite some time now.

Context

Even with so many good news the investors are being dumped on

Solution

Change the MM who will make DIA grow steadily

Benefits

DIAs increase in value will make investors proud and loyal for holding DIA for one year

Costs

Same existing costs as AMBER

Risks

DIA will lose the value in the market.

Parameters

YES
NO

Not change but give the market maker more tokens so they can control the market better

Hey @notnotseven. Appreciate you push this forward again, we are open to DAO decision on operations and this will be also increased over time, but these allegations need additional evidence/analysis for a course of action.

We need more quantitative analysis and evidence, for the community in here and for financial forensics.

For this I request you to refine the proposal with tangible evidence in the “Problem” section:

  • Quantitative or qualitative evidence on manipulation in general DIA pairs, and specific pairs if assumed
  • Evidence of specific Market Maker DEX on-chain/CEX trading activity, including links, timestamps, order book snapshots, your analysis of assumed market manipulation.

We will review this, potentially include on-chain forensic experts and assess the evidence.

We have a good working relationship with our Market Maker and are not cancelling partners due to generic allegations, but if there are facts underpinning this, action will follow - we take the community/DAO input seriously.

Thanks

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