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OpenLeverageOpenLeverageby0x3bB29b3a70E9fd0732d024CbdfAb90e177d47C970x3bB2…7C97

OLIP-10 Proposal to Change Pair for $OLE LP on BNB chain

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/BUSD on Arbitrum. In response to these issues, the following options are proposed to eliminate any potential risk:

1/ Remain with BUSD (No change) 2/ Change to USDT 3/ Change to USDC 4/ Change to BNB

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 BUSD (No change)
1.7M OLE47.8%
Change to USDT
240.7K OLE6.8%
Change to USDC
944.55K OLE26.6%
Change to BNB
664.5K OLE18.7%
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Discussion

OpenLeverageOLIP-10 Proposal to Change Pair for $OLE LP on BNB chain

Timeline

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