Temporary Deactivation of Strategies on Polygon and Arbitrum (N021)

Author: obsqurial#5725

Date Created: 06/12/2023

Date Posted: 06/12/2023

SUMMARY

In response to the decreasing yields on the Polygon and Arbitrum networks, temporary deactivation of existing strategies is considered a prudent measure until new ones are developed. This decision is driven by the need to navigate the evolving economic landscape and effectively respond to changing conditions. Despite the adjustment in strategy, the withdrawal process will continue without disruption, ensuring a smooth experience for users. This deliberate pause provides an opportunity to develop and implement more robust and effective strategies, reinforcing a resilient and adaptive approach to market dynamics.

MISSION & VALUES ALIGNMENT

This proposal is part of our main mission — speed and security of profit generation enabled by crypto assets.

SCOPE OF WORK

Scope of work to include but not necessarily limited to the following:

Temporary deactivation of Strategies on Polygon and Arbitrum

FINANCIAL IMPLICATIONS

5 MATIC

POLL

Yes – If this proposal passes, Bolide will implement the scope of work as described above

No – If this proposal is rejected, it will go back for further discussion in order to align on the required changes, before the updated proposal is re-sent for review