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RadworksRadworksby0x2f0963E77cA6AC0c2Dad1Bf4147B6B40e0dD8728foundation.radicle.eth

Should swapping on the Balancer LBP be unpaused?

Voting ended almost 5 years agoSucceeded

The Balancer LBP was a 48h event that allowed anyone to acquire RAD for USDC.

The event has now successfully concluded, with 24M USDC raised, but there is still a lot of interest in trading RAD. However there is very little liquidity.

Since the Balancer pool weights have converged to 50/50, this pool could effectively function as a regular DEX, as opposed to an auction, if swapping was unpaused.

This is an immediate, short term solution, as the liquidity in the pool cannot be transfered anywhere else without a formal governance proposal.

Off-Chain Vote

Unpause swapping
1.24M 96.3%
Do nothing
48.11K 3.7%
Download mobile app to vote

Timeline

Feb 28, 2021Proposal created
Feb 28, 2021Proposal vote started
Mar 01, 2021Proposal vote ended
Oct 26, 2023Proposal updated