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Indexed FinanceIndexed Financeby0x000000000057E8ABd581828A2b40076852C0bA6E0x0000…bA6E

[Attack Recovery #6] Should the DAO inflate the amount of debt owed via the Indexed compensation plan on a yearly basis?

Voting ended over 4 years agoSucceeded

https://forum.indexed.finance/t/proposal-compensation-mechanisms/801/9

In the aftermath of the 14th October 2021 attack on Indexed Finance, the DAO needs to decide whether the amounts that are to be compensated should be subject to inflation over time to account for lost upside (pegged to, i.e. the price of a DeFi index or ETH on an annual basis).

The specific mechanics and amounts by which such losses should be inflated do not have to be determined at this point, and can - in any event - be dealt with separately depending on the underlying repayment mechanism chosen.

This is a single choice, Yes or No vote, that will run for a week to allow as many people of the DAO as possible to cast their vote.

At the end of this week, the option with the highest number of votes will be considered to be the will of the DAO.

Off-Chain Vote

Yes
13.55K 2.5%
No
521.2K 97.5%
Download mobile app to vote

Timeline

Oct 26, 2021Proposal created
Oct 26, 2021Proposal vote started
Nov 02, 2021Proposal vote ended
Oct 26, 2023Proposal updated