not approved
Update Protocol Parameter Agora Effect
Current Project Status
Unfunded
Amount
Received
Received
₳0
Amount
Requested
Requested
₳83,750
Percentage
Received
Received
0.00%
Solution
We propose an Agora Effect that when passed, updates an NFT reference. The updated NFT holds new protocol parameters that can be referenced by any other dApp to affect behavior.
Problem
Many defi protocols have parameters that control how the protocol operates. There is no easy way for a community to control parameters of a defi protocol via on-chain governance actions on Cardano.
Impact Alignment
Feasibility
Value for money
Team
Team Connections