• © Goverland Inc. 2026
  • v1.0.5
  • Privacy Policy
  • Terms of Use
FHM DAOFHM DAOby0x4aF2635bD816629D9b47784D26d19F4A830FCD990x4aF2…CD99

Price Stability Proposal

Voting ended about 4 years agoSucceeded

Due to our recent findings, and analysis. We have discovered a solution to the problem of price instability. Our findings have shown with great discussion backed behind them that closing our MIM pool and merging with our DAI pool to create a larger pool, will be beneficial to ALL holders.

Why? Because users often unwind their positions in a single pool, those that are aware of the dual pool are often not able to execute efficiently enough. This was clearly evident in the last 72 hours of price action. What happens is arbitrage bots are able to fill positions quicker for those that are wanting to split their positions on the two pools as to not hurt the price on the way out. This solution is a mitigation that everyone will benefit from. Also, it will allow for price stability within the ecosystem and easier price discovery for exchanges wanting to display our price.

We feel that this is an obvious solution and want the community's stamp of approval. We are going to give the $FHM FHMILY the courtesy to move fast with this decision as it is of the utmost importance to price stability. We want to thank everyone who has brought to our attention some of their findings. This is a solution that we strongly advise. This vote will be 24 hours and will prompt a simple yes we support the decision. Or a No.

Off-Chain Vote

Yes, one DAI LP Pool
22.91K 98.4%
No, keep both LP Pools
365.11 1.6%
Download mobile app to vote

Timeline

Jan 19, 2022Proposal created
Jan 19, 2022Proposal vote started
Jan 20, 2022Proposal vote ended
Oct 26, 2023Proposal updated