Budget $600/month for rebase execution reimbursement
Basic Summary
Execute the rebasing twice a day regularly, and propose a budget of $600/month for rebase execution reimbursement from the treasury.
Abstract
The YAM protocol should automatically excute the rebasing mechanism twice per day, not randomly. This is the basic regulation of YAM.
Motivation
Rebasing is the basic mechanism of YAM. We should do it automatically and regularly. In this way, YAM will attract more market attention and fulfill its initial goals, an algorithmic stable coin.
Specifications
We should use the treasury to pay for the gas fee of the rebasing, it’s about 600$/per month. Furthermore, I suggest that we can use the jobs in KP3R to do automatic rebasing everyday.