ALEX Community Update: Governance Votes Announcement - May 28, 2024

[bitxia]

Have done.

Final Proposal: Synthetic STX (aSTX)

I would like to propose an optimised solution based on your proposal Collateral Details: Sell $7 million USDC for STX + 16% ALEX (minus those used up in Option Two) Protocol Swap Fees: Fees collected from protocol swaps. Step One: 1、Mint 13.8m aSTX with the above Collateral 2、Distribute these aSTX to the affected users who chose Option One. 3、Provide a Burn feature. users can burn aSTX to receive the collateral assets with a fixed discount(85%) 4、Create a Flat Curve pool aSTX/STX, and cr…