Engage with Olympus Pro to acquire protocol-owned liquidity
The questions at hand are:
“Should the amount of NDX that the DAO votes to transfer to the existing liquidity mining Masterchef in October be reduced from 900,000 to 200,000 for now”,
AND
“Should we seek to engage Olympus Pro in an initial bond sale of 100,000 NDX of the withheld amount to acquire protocol-owned liquidity for our index products?”
This vote does not mean that the withheld NDX will not eventually be transferred to the LM Masterchef. Rather, adding an additional 200,000 tokens will fund the liquidity mining scheme until late December 2021/early January 2022, and allows us some time to gauge the success of Olympus Pro programs - including our own.
Exact terms of the bond sale (discount, bond period and LP we wish to acquire) to be determined via separate Snapshots: this is merely a statement of intent.
Initial proposal: https://forum.indexed.finance/t/proposal-engage-olympus-pro-to-purchase-protocol-owned-liquidity-with-ndx/758
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
 0x21aF...F5c7d1 | 26,893 | Yes |
 0xEf76...57740d | 23,123 | Yes |
 0x0000...C0bA6E | 19,304 | Yes |
 0x8f9b...dfeB3F | 7,923 | Yes |
 0x887C...7d5b92 | 1,994 | Yes |
VOTE POWER
Proposal Status
- Mon September 27 2021, 04:00 pmVoting Period Starts
- Thu September 30 2021, 04:00 pmEnd Voting Period
Current Results
1-Yes
83,489.838