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mStable Protocol DAOmStable Protocol DAOby0xD8baE7d96df905E46718B6ceE3410F535e11bF200xD8ba…bF20

Buyback and Make pool creation

Voting ended almost 5 years agoSucceeded

It is proposed that MTA’s long term utility and tokenomics can be improved by implementing a buyback-and-make strategy driven by an MTA/ETH/mAsset liquidity pool on Balancer Finance v1. In future, this pool could also be used in mStable’s re-collateralisation mechanism (in the event of an asset de-pegging) or as an incentivisation tool.

This proposal has been described in depth in MIP8, which is available here: https://mips.mstable.org/MIPS/mip-8.html

The next step is to share this proposal publicly on the mStable forum to get feedback from the community and scope the public vMTA snapshot vote.

Should the ProtocolDAO proceed to share this MIP publicly via the mStable forum?

Off-Chain Vote

Yes, post to the forum
5 83.3%
No, do not share this publicly
1 16.7%
Download mobile app to vote

Timeline

Feb 24, 2021Proposal created
Feb 24, 2021Proposal vote started
Feb 27, 2021Proposal vote ended
Oct 26, 2023Proposal updated