Bond Phalanx: Aug 18 Markets
New inverse bond markets for the following week.
Proposal:
- 156k/d, max payout 104k
- 154k/d, max payout 64k
Reasoning: We're currently >10% discount to liquid backing. The max we can set according to framework is 2x the amount required to get to 120d MA on DAI over 30 days, which is $154k/d, so $310k/d.
More details in https://www.notion.so/olympusdao/0c7edc9f8fd64485b4c95bc3f30e61a0?v=77077ed63f8049fdbb4c43197064c8b1
Off-Chain Vote
Launch Markets
4 vote100%
Don't Launch
0 vote0%
Timeline
Aug 17, 2022Proposal created
Aug 17, 2022Proposal vote started
Aug 19, 2022Proposal vote ended
Oct 26, 2023Proposal updated