Proposal for alUSD stability pool

Voting ended almost 5 years agoSucceeded

Saw this idea originally posted by @0xChae on Twitter. The idea would be to introduce an arbing strat on Alchemix to help maintain the peg of alUSD. Strategy could be something simple like buying alUSD, if it falls below peg beyond a certain threshold, and redeeming it for dai in the transducer contract.

Alchemix has a great community and I believe this could benefit both projects.

Off-Chain Vote

Great idea!

1.76K 53.9%

Nah

1.51K 46.1%

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Timeline

Mar 29, 2021Proposal created

Mar 29, 2021Proposal vote started

Apr 05, 2021Proposal vote ended

Oct 26, 2023Proposal updated