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BasisDollarBasisDollarby0x353408BC10d8CbC260d8cb4269e3a35BaF35Dbc80x3534…Dbc8

Change Bond:BSD limits.

Voting ended about 5 years agoSucceeded

When BSD is under $1.00 allow bonds to be issued until the number of BSD in circulation = the number of BSD in LP, within the existing structures that influence or measure availability & the epoch update system.

Considerations:

  • Don't want to overdraft the lp so maybe the limit should equal pooled BSD + #X
  • This method will be easy to comprehend with pool data provided on the bonds page -Market Cap will fluctuate and be volatile if LP fluctuates significantly, I think this would enhance the TWAP effect and make the price harder to move against existing trends

Off-Chain Vote

Set max. debt to reflect LP #s
401.88 80.3%
Do nothing
98.46 19.7%
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Timeline

Jan 09, 2021Proposal created
Jan 09, 2021Proposal vote started
Jan 11, 2021Proposal vote ended
Oct 26, 2023Proposal updated