OUSD - Manually sell CVX?

Voting ended about 4 years agoSucceeded

Most of our current yield is coming in the form of Convex reward tokens (CVX). Currently OUSD has approximately $260K worth of CVX waiting to be sold. However, we cannot sell these tokens in an automated fashion until we have an oracle from Chainlink.

Should OUSD's currently accrued CVX be manually sold? The CVX will be transferred the strategist multi-sig, sold for stablecoins, and the proceeds returned to the vault as yield.

Off-Chain Vote

For

1.3M 99.9%

Against

800 0.1%

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Timeline

Dec 28, 2021Proposal created

Dec 28, 2021Proposal vote started

Dec 30, 2021Proposal vote ended

Oct 26, 2023Proposal updated