FeedProjects
Developers
Settings
๐ŸŽ‰ A new chapter begins: Boardroom has joined Agora
Learn more
protocol logo
Explore / Projects
Frax Finance

Proposals

Discussions

Members

Information

Create Proposal

Frax Finance

ProposalsDiscussionsMembersInformation
Proposal
Back to Proposals
closedEnded 4 years ago ยท Snapshot (Offchain)

EIP-14 Extension vote

By 0x5635...F28B5B

When EIP-14 was voted in it was for a 60 day trial only. That 60 days is now over and we need to vote to say if we should carry on buying ETH beyond the 60 days trial or not.

For full details see EIP-14.

When voting FOR you are voting for 25% of total AMO profits to be spent on ETH for an unlimited time frame, until there is a governance vote to stop it.

Voting

For: support the purchasing of ETH with one quarter of the total AMO profits and depositing to FXS-ETH LP pair through an AMO . Approving this proposal would make AMO profits distribution as follows: 25% burn FXS, 25% purchase ETH, 50% distributed to veFXS. This mechanism will be programmatically switched off whenever FXS trades at or below $1.50 and instead will use the portion to continue FXS burns until price returns above $1.50.

Against: revert back to 50% burn , 50% distributed to veFXS

Continue Reading
Connect Wallet to Add Note
0
Votes 30
VoterCast PowerVote & Rationale
0x88E8...0e7a12
4.143M

FOR

0x38F2...7cd141
654,927

AGAINST

0x9dE1...b9c2D3
638,217

FOR

0xA81a...757538
408,486

FOR

0x9de9...E39900
336,305

FOR

SHOW MORE
VOTE POWER
0
Connect Wallet
Proposal Status
  • Wed September 22 2021, 11:00 amVoting Period Starts
  • Wed September 29 2021, 11:00 amEnd Voting Period
Current Results

1-FOR

6.497M

87.04%

2-AGAINST

967,005.455

12.96%
DocumentationBrandingContact Us
Home
This Project is Currently Disabled

If you would like to enable it, please checkout below.

Boardroom Subscription

Sign up for an individual subscription (access all projects on the platform)

Subscribe
Enable Project

Enable the entire project for every user

Enable Project
Contact Us