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RomeDAORomeDAOby0x79d0B656751D4C2413B7839e0eB52095446d7b3f0x79d0…7b3f

RIP-005: Raise DAO Bond Fee

Voting ended almost 4 years agoSucceeded

Result of spirited discussion in policy forum in Discord and general forum in heat check: https://forum.romedao.finance/t/request-for-comment-staking-warchest-rome-holdings/174

This proposal if enacted would raise DAO bond fee from 10% to 25%. For context, Olympus currently has a 100% fee which means for every $1 of bonds sold $1 of OHM is sent to their DAO fund. We propose boosting Rome bond fee from 10% (10c/$1) to 25% (25c/$1).

Rationale: started with 10% to avoid bloating development fund and believe 25% is the more appropriate number for keeping target development runway at any given time.

Off-Chain Vote

Enact change from 10% to 25%
66.04K 98.4%
Keep at 10%
1.09K 1.6%
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Timeline

Feb 06, 2022Proposal created
Feb 06, 2022Proposal vote started
Feb 09, 2022Proposal vote ended
Oct 26, 2023Proposal updated