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Coffin FinanceCoffin Financeby0x23AB88EEF24Ad383A2DfF9E10AeDf3A5eeE71b800x23AB…1b80

About improvement protocols

Voting ended over 4 years agoSucceeded

As of this announcement.

https://coffinfinance.medium.com/protocol-update-proposals-9d652d433e00

We would like to ask you kindly to allow us to make a series of proposals that are interrelated.

We would like to have your opinion whether we should do the following

  • Improve new Collateral Reserve / Rebalancing
  • Improve and devise a New Mint / Redemption Mechanism
  • To prepare a new collateral & redemption system, continue to disable redeem another 4 weeks after voting resolution.
  • Reconsider how to keep the CoUSD price stable. Buyback options with collateral if enough collateral. Sell options if above peg.
  • Update new Road map & Expected Schedules which are related to above items.

Kindly vote “for” if you agree to this plan otherwise vote “against”

You may read more details at https://coffinfinance.medium.com/protocol-update-proposals-9d652d433e00

Thanks.

Off-Chain Vote

For
971.98K 100%
Against
0 0%
Abstain
0 0%
Download mobile app to vote

Timeline

Nov 30, 2021Proposal created
Nov 30, 2021Proposal vote started
Dec 03, 2021Proposal vote ended
Oct 26, 2023Proposal updated