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Opium NetworkOpium Networkby0xF6add762c2e58BD7E5696833aC36114ff141B620timurnss.eth

Proposal: Stop maintenance of the USDT protection pool, possibly transfer to Polygon

Voting ended over 3 years agoSucceeded

Hello everyone

Staking pool that provides liquidity for USDT Protection on Opium.Finance was the first and very successful product, that was launched in January 2021.

It was just in time when FUD was spreading around Tether and there were many different doubts. The community was divided into two groups, who were betting for and against USDT, which allowed to create a protection market for USDT and keep it running for a while.

Recently we see that the demand for both purchasing and providing protection decreased and the USDT Protection pool does not see much interest.

So I propose to stop maintaining the USDT pool on the Ethereum mainnet. Preferably, if the community would like to keep maintaining it, it might be migrated to Polygon, to reduce maintenance overhead.

Off-Chain Vote

FOR
25.37K OPIUM100%
AGAINST
0 OPIUM0%
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Discussion

Opium NetworkProposal: Stop maintenance of the USDT protection pool, possibly transfer to Polygon

Timeline

Jun 18, 2022Proposal created
Jun 18, 2022Proposal vote started
Jun 27, 2022Proposal vote ended
Oct 26, 2023Proposal updated