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Unslashed FinanceUnslashed Financeby0x13089220cd2a3e4A49f253BdC03Ab2E110cDCa5e0x1308…Ca5e

Olympus Pro Bonds Final Push

Voting ended about 4 years agoSucceeded

The previous proposal can be found here: https://snapshot.org/#/unslashed.eth/proposal/QmRFs5xPWzqu3U6tkwyPNyyPJickZ42PKuZf74LFGyyZC6 Snapshot 4 and with it, variant 4 won, with the following settings

[500k USF for usage within 1 month Disable LP rewards (as an incentive to use Bonds)]

Now that the trial has ended in a success with 100% of the bonds being sold out its time to extend this program for a longer period of time since USF now owns ~15% of the ETH/USF pool on Uniswap. Since the original bond program was 500k USF for 1 month which resulted in getting ~15% of the uniswap LP’s, I am proposing we sprint towards our original goal of getting greater than 50% of the LP pool into the hands of the Unslashed DAO before we permanently turn off LP emissions. To accomplish this, I am suggesting the following.

1.5m USF available for bonding, which if we sell out again, will put ~45% of the LP pool into the hands of the Unslashed DAO, combined with the 15% we already own puts us at 60% in total.

With the above said, we can also discuss vesting. Pros and Cons discussed here: https://discord.com/channels/787755791289417758/919937771571904522/931945268453183538 and it was also discussed on the forum recently as well here: https://forum.unslashed.finance/t/olympus-pro-bonds-final-push/224

All choices below automatically include 1.5m USF total for usage within the 2 month period and the continued disabling of LP rewards while Olympus Pro bonds are active.

Choice 1) Remain with 7 day vesting

Choice 2) Change to 10 day vesting

Choice 3) Change to 12 day vesting

Choice 4) Do not extend Olympus Pro

Off-Chain Vote

Remain with 7 days vesting
105.32K 100%
Change to 10 days vesting
0 0%
Change to 12 days vesting
0 0%
Do not extend Olympus Pro
0 0%
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Timeline

Jan 19, 2022Proposal created
Jan 19, 2022Proposal vote started
Jan 21, 2022Proposal vote ended
Oct 26, 2023Proposal updated