#1 - How To Handle V1 LBR that Missed the Migration Deadline

This is a proposal to address the V1 LBR tokens that missed the migration deadline. After thorough assessment and consideration of feedback from both V1 and V2 LBR token holders, we are presenting the following options to the Lybra DAO.

Please note that,

• Once the proposal has been created, no subsequent changes will be acknowledged. Actions such as cancellation or unstaking, etc. will only impact future proposals.
• After casting your vote, no modifications can be made. Please vote responsibly.

A. Migrate V1 LBR Tokens to V2 esLBR with a 3% Migration Fee. Option A proposes allowing V1 LBR tokens to migrate their holdings to V2 esLBR with a 3% migration fee, with a set end date of 3 months.

B. Migrate V1 LBR Tokens to V2 LBR with a 20% migration fee. Option B proposes allowing V1 LBR tokens to be migrated to V2 LBR, with a 20% migration fee and a set end date of 3 months.

C. Remove non-migrated V1 LBR Tokens from Max Total Supply. Option C proposes removing the 2,065,967 V1 LBR tokens that failed to migrate by the deadline from V2‘s Max Total Supply.