closedEnded 4 years ago · Snapshot (Offchain)
FIP: 107 Tribe Acquires OHM
By 0x8639...e182F9Continue Reading
Summary
The Protocol currently has an obligation to acquire $10m OHM as Olympus has generated 50m Fei demand per FIP-79 13. Recently Olympus exchanged 50m DAI for 50m FEI via the DAI PSM 3 which has helped tremendously to stabilize the FEI peg amidst recent market volatility. This could be done using ETH, DAI, or LUSD in a Balancer Liquidity Bootstrapping Pool.
Voting
Voting will decide to acquire the OHM and which asset to sell to do so.
The Snapshot vote will use approval style voting with the following options:
- Sell ETH to acquire OHM
- Sell DAI to acquire OHM
- Sell LUSD to acquire OHM
- Continue discussions
Connect Wallet to Add Note
0Votes 131
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
 0x8639...e182F9 | 2.545M | Sell ETH to acquire OHM |
 0xf8D0...5a28Ee | 2.5M | Sell ETH to acquire OHM |
 0x7E74...6001D2 | 2.5M | Sell LUSD to acquire OHM |
 0x7715...78d79F | 2.046M | Sell ETH to acquire OHM |
 0x01dB...E561C7 | 1.023M | Sell LUSD to acquire OHM, Sell ETH to acquire OHM |
VOTE POWER
0
Connect Wallet
Proposal Status
- Sat May 21 2022, 04:34 pmVoting Period Starts
- Tue May 24 2022, 04:34 pmEnd Voting Period
Current Results
1-Sell ETH to acquire OHM
8.241M
2- Sell LUSD to acquire OHM
4.716M
3-Continue discussions
9,374.919
Quorum 12.968M/10M