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Olympus PolicyOlympus Policyby0xC71deD6f0E5660DFe79C849058Afd9BE7a3c85b80xC71d…85b8

Bond Market Capacity Adjustment: June 1st

Voting ended over 3 years agoSucceeded

Proposal to close existing bonds and reissue two inverse bonds:

  • One 150k/d, with 50k max payout
  • And one 155k/d, with 155k/d max payout

These would be DAI bonds, and would last until friday next week.

Current 7d EMA of organic flows is -263k/day (https://dune.com/queries/843464?1.+Start+Date_d83555=2022-05-01+00%3A00%3A00). According to our framework, we should target the max of 2 times the amount to get to the 120d MA, which is currently 152.5k/d.

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

Off-Chain Vote

Approve
8 vote100%
Reject
0 vote0%
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Timeline

Jun 01, 2022Proposal created
Jun 01, 2022Proposal vote started
Jun 03, 2022Proposal vote ended
Oct 26, 2023Proposal updated