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OpenLeverageOpenLeverageby0x3bB29b3a70E9fd0732d024CbdfAb90e177d47C970x3bB2…7C97

OLIP-9 Proposal to Change Pair for $OLE LP on Arbitrum

Voting ended about 3 years agoSucceeded

With the recent depegging of the USDC stablecoin due to bank failures, the concern is fully understood by the community that we have OLE LP staked in OLE/USDC on Arbitrum. In response to these issues, the following options are proposed to eliminate any potential risk:

1/ Remain with USDC (No change) 2/ Change to USDT 3/ Change to ETH

Reminder: During the implementation period, community members and users can trade on OLE/USDC pair as usual but must close their position before implementation.

A reminder will be put on the trading panel, and you will be reminded again through social channels before implementation.

Off-Chain Vote

Remain with USDC (No change)
1.19M OLE59.6%
Change to USDT
40.12K OLE2%
Change to ETH
770.04K OLE38.4%
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Discussion

OpenLeverageOLIP-9 Proposal to Change Pair for $OLE LP on Arbitrum

Timeline

Mar 20, 2023Proposal created
Mar 20, 2023Proposal vote started
Mar 23, 2023Proposal vote ended
Oct 26, 2023Proposal updated