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Olympus PolicyOlympus Policyby0x389b11C4fA4b95bCc252A2B20Bb62310Fbc36746abipup.eth

RBS Improvements Round 1

Voting ended over 3 years agoSucceeded
  1. Globally tighten spread to 0.075 and 0.15 cushion and wall spread - volatility has been lower than expected and bands can be tightened to take advantage of this. Further, a wall at 30% below backing doesn't accomplish much at present

  2. If 30D MA is below liquid backing, set target price to liquid backing AND regeneration time to 0. - this is the only "big" change. Large market discount does not correctly represent protocol value. Risk of major capitulation if price is allowed to languish.

  3. If 30D MA is above liquid backing, set target price to 30D MA AND regeneration time to 18/21 epochs. - current condition system works well while above backing.

Off-Chain Vote

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6 vote100%
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0 vote0%
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Timeline

Nov 30, 2022Proposal created
Nov 30, 2022Proposal vote started
Dec 01, 2022Proposal vote ended
Mar 04, 2026Proposal updated