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Perpetual ProtocolPerpetual Protocolby0x89501EA15422Db2C483919AFEb960bE010a8839C0x8950…839C

Modified Perp Buyback Proposal to Support Affected v1 Users

Voting ended over 3 years agoSucceeded

In the previous Perp Buyback vote, full compensation for the affected v1 users has won. However, it didn’t get executed due to it not reaching the quorum. We re-posted for feedback and worked with the team to come up with the following modified version utilizing the new vePERP system for implementation: https://gov.perp.fi/t/modified-perp-buyback-proposal-to-support-affected-v1-users/920

Vote options:

Option A: Use 17.5% monthly treasury fee income to buy back PERP over the years to cover all op4>op2 users, for their op4-op2 amount.($3.59M), pro rata to compensation amount.

Option B: Use 25% monthly treasury fee income to buy back PERP over the years to cover all op4>op2 users, for their op4-op2 amount.($3.59M), pro rata to compensation amount.

Option C: Do not compensate.

Off-Chain Vote

Option A
6.25M PERP40.4%
Option B
3.2M PERP20.7%
Option C
6.01M PERP38.9%
Quorum:151%
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Timeline

Sep 23, 2022Proposal created
Sep 23, 2022Proposal vote started
Sep 30, 2022Proposal vote ended
Oct 26, 2023Proposal updated