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BVMBVMby0x069e85D4F1010DD961897dC8C095FBB5FF297434sorcery.eth

Set exercise veBVM discount to 99% till end of current epoch

Voting ended over 2 years agoSucceeded

~190,000 BVM are currently wrapped in options not counting this weeks unclaimed emissions.

Voting incentives have been a little underwhelming so far but with more significantly more protocols on Base this week than last & many more coming potential lockers may just need a little push to commit to a 1 year lock.

This proposal gives users a chance to lock with minimal amount of WETH spent.

If a significant amount of the 190k oBVM outstanding is 1 year locked it can give more confidence to potential BVM LPs.

Prior to epoch flip the discount should be set back to 90%.

Off-Chain Vote

Yes
204.66K BVM100%
No
0 BVM0%
Quorum:205%
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Timeline

Sep 04, 2023Proposal created
Sep 04, 2023Proposal vote started
Sep 05, 2023Proposal vote ended
Oct 26, 2023Proposal updated