Continue “Contractionary Monetary Policy” for Fei Protocol with some FEI policy changes to bolster the FEI peg and protect PCV.
See https://tribe.fei.money/t/fei-peg-policy-changes/3906 for details on the actions already taken.
This proposal will authorize further actions to contract the FEI supply and increase demand.
Swap 20m LUSD for DAI (to Compound) and whitelist conversion for PCV Guardian Withdraw FEI from Fuse positions until utilization is 80% Withdraw all FEI from Idle, Barnbridge and Visor Withdraw and redeem agEUR
All withdrawn FEI will be burned
This will be a binding, approval style snapshot. Each option above will be voted on independently, and options with more approval than disapproval which exceed 10M TRIBE quorum will be enacted through the Optimistic Timelock.