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Olympus PolicyOlympus Policyby0xD7168918FA3b7e2E87052D7C3A12F45b32A88Cf00xD716…8Cf0

TAP-17 Execution (Aura acquisition)

Voting ended about 3 years agoSucceeded

TAP-17 specifies to acquire $1M worth of AURA tokens over the next 6 months for strategic purposes and fund this with the sale of accrued Convex rewards and recently unlocked CVX.

This proposal is to acquire the Aura as soon as possible by: 1: Selling all current accrued Convex rewards, and unlocked CVX, to get to $1M in stables.

2: Relock the remaining CVX on Convex

3: Execute the $500k OTC with AURA

4: Acquire the remining $500k of AURA on the market as long as the slippage is less than 2% (which it currently is). If not, do in two batches.

5: Lock all Aura, delegate voting and vote on OHM Aura pools

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Discussion

Olympus PolicyTAP-17 Execution (Aura acquisition)

Timeline

Jan 13, 2023Proposal created
Jan 13, 2023Proposal vote started
Jan 15, 2023Proposal vote ended
Oct 26, 2023Proposal updated