Bond Phalanx: July 27 Markets

Voting ended over 3 years agoSucceeded

Proposal: 2 bonds

157k/d, max payout 89k, duration 1 day
143k/d, max payout 61k, duration 7 days

Reasoning: Today is the last day of transition into OIP-94A. In order not to abruptly reduce bond market capacity we are gradually adjusting capacity lower via last week's and this week's market.

The 1 day bond represents part of the 300k that was voted on in the Bond Phalanx's previous vote.

The 7 day bond market represents the bond market capacity required to reach the 120d MA.

More details in https://www.notion.so/olympusdao/0c7edc9f8fd64485b4c95bc3f30e61a0?v=77077ed63f8049fdbb4c43197064c8b1

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Timeline

Jul 27, 2022Proposal created

Jul 27, 2022Proposal vote started

Jul 28, 2022Proposal vote ended

Oct 26, 2023Proposal updated