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OlympusDAOOlympusDAOby0x389b11C4fA4b95bCc252A2B20Bb62310Fbc36746abipup.eth

OIP-85: Emissions Adjustments

Voting ended about 4 years agoSucceeded

As a result of positive sentiment and discussion on the matter in the Request For Comment and OIP proposal: Inverse bond emissions reduction in the OlympusDAO forum, this proposal is to reduce emissions to the bottom of the current tier when reserve bonds are paused and inverse bonds are running.

Motivation:

To reduce emission to the bottom of the current tier (0.1186%) when reserve bonds are paused (as is the case presently), there is no need to emit OHM to cover dilution from OHM mints due to reserve bonds.

Secondly, reduce emissions to the bottom of the current tier (0.1186%) when inverse bonds are active, as there in no need to further dilute backing/ohm.

More context here: https://forum.olympusdao.finance/d/1114-oip-85-emissions-adjustments

Proposal:

Reduce emission to bottom of current tier (0.1186%) under the following conditions: a) when reserve bonds are paused b) when inverse bonds are active

Off-Chain Vote

Approve OIP-85
126.93K 89.8%
Reject OIP-85
14.35K 10.2%
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Timeline

Mar 19, 2022Proposal created
Mar 19, 2022Proposal vote started
Mar 22, 2022Proposal vote ended
Mar 04, 2026Proposal updated