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Reverse ProtocolReverse Protocolby0x5f8F4F5607462A5F84647302093E784f00154b3E0x5f8F…4b3E

Proposal to use an algorithm to vary the buyback / compound ratio

Voting ended about 4 years agoFailed

It is proposed that an algorithm be used to determine the weekly buyback/compound ratio in a way to optimise the performance of these mechanics in various market conditions.

This will mean less compounding when the price is low, but will also mean lower buybacks when the price is high.

The full explanation is in the post below:

https://medium.com/@reverseprotocolONE/tuning-reverse-stability-in-all-markets-d38050984140

Either outcome will not vary yield for airdrops - this proposal only refers to the 25% which is currently allocated towards 10% buyback, 15% compound.

A yes vote allows the ratio to vary with the algorithm. A no vote keeps it the same - 10% buyback / 15% compound.

Off-Chain Vote

Yes – allow the ratio to vary
0 0%
No – leave it
0 0%
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Timeline

Feb 10, 2022Proposal created
Feb 10, 2022Proposal vote started
Feb 13, 2022Proposal vote ended
Oct 26, 2023Proposal updated