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Tetu.ioTetu.ioby0x0644141DD9C2c34802d28D334217bD2034206Bf7Belbix

TIP-017 Use BAL reserves for automatically buyback tetuBAL

Voting ended almost 3 years agoSucceeded

Proposal Overview

  • Utilize BAL received from veBAL rewards (~30 000$ currently) to fund the buyback process.
  • Launch a trade bot to handle buybacks and accumulate POL of tetuBAL.

Implementation

Off-chain scripts will handle the buyback process to avoid possible frontruns and insider traders.

Off-Chain Vote

Yes
25.89M veTETU98.1%
No
503.38K veTETU1.9%
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Discussion

Tetu.ioTIP-017 Use BAL reserves for automatically buyback tetuBAL

Timeline

Apr 07, 2023Proposal created
Apr 07, 2023Proposal vote started
Apr 09, 2023Proposal vote ended
Nov 13, 2025Proposal updated