Reduce maximum weight cap from 25% to 20%

Voting ended over 4 years agoSucceeded

Reducing the weighting cap further diversifies the index. Given that the index will have 15 tokens even if both removal votes pass, we feel that 20% is a reasonable limit.

Conditions to pass:

total votes exceed 10,000 BASKV
yes votes exceed 60% of total votes

Please conduct discussions on this rebalance in rebalance-2 on our discord https://discord.com/invite/28ZNtj2aW5

Off-Chain Vote

Yes: Reduce to 20%

5.63K 97%

No: Do nothing

175.9 3%

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Timeline

Jun 09, 2021Proposal created

Jun 10, 2021Proposal vote started

Jun 14, 2021Proposal vote ended

Oct 26, 2023Proposal updated