OIP-163: The Framework
Snapshot note: OIP-161 nunber has been taken already by the Layer Zero airdrop. This OIP is being posted as 163 to avoid conflicts.
In support of OIP-163 (https://forum.olympusdao.finance/d/4520-oip-161-the-framework-final), this Snapshot seeks to receive community approval to execute with one of the following configurations.
Option 1 - Adoption of The Framework, including uncapped, levered buyback of OHM with a budget that is not to exceed realized weekly inflows from DSR. If this is voted, it will require quarterly evaluation of efficacy and a quarterly ratification for continuance.
Option 2 - Adoption of The Framework, including uncapped buyback of OHM with a budget that is not to exceed realized weekly inflows from DSR. If this is voted, it will require quarterly evaluation of efficacy and a quarterly ratification for continuance.
Option 3 - Do not pass the OIP as written and return to RFC for revisions.
Off-Chain Vote
Option 1 - levered buybacks
6.5M OHM99.4%
Option 2 - regular buybacks
36.8K OHM0.6%
Option 3 - reject OIP-163
0 OHM0%
Discussion
Timeline
Aug 01, 2024Proposal created
Aug 01, 2024Proposal vote started
Aug 05, 2024Proposal vote ended
Nov 12, 2025Proposal updated