This proposal outlines a strategy to implement a 1-week cool-down period for the oVCX discount program. The cool-down period will temporarily restrict users from exercising oVCX and immediately selling VCX tokens, with the goal of improving the efficiency of the buyback and burn mechanism. This change will be manually managed by the core team and remain in effect while VCX liquidity is limited to less than $2M in the Balancer Pool and until VCX is listed on a centralized exchange (CEX).
The cooldown period will be communicated once a month 1 week prior on Discord, Telegram, and on app.vaultcraft.io.