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Extra FinanceExtra Financeby0x65dA0970b9A0153DB222056b50A84a46d8cf40B50x65

Updates on TWAP Implementation

Voting ended over 1 year agoSucceeded

To ensure protocol security, the TWAP (Time-Weighted Average Price) protection will be flexibly implemented:

If a pair with TWAP experiences a price fluctuation of more than 30% within 24 hours, TWAP protection will be temporarily disabled. This measure is intended to address potential extreme price changes, ensuring safe liquidation processes and lending protection.

Off-Chain Vote

Yes, implement flexible TWAP
13.09M veEXTRA84.1%
No, keep TWAP consistent
2.46M veEXTRA15.8%
Abstain
5.1K veEXTRA0%
Quorum:31114%
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Discussion

Extra FinanceUpdates on TWAP Implementation

Timeline

Jul 12, 2024Proposal created
Jul 13, 2024Proposal vote started
Jul 16, 2024Proposal vote ended
Feb 07, 2025Proposal updated