OIP-86: Uniswap Migration Proposal
Summary of proposal and poll Option 1:
- Migrate current liquidity from Sushi to Uniswap
- Allow the policy team to remove liquidity from liquidity positions
Option 2:
- Do nothing
This is a proposal to migrate the bulk of the OHM-DAI and OHM-ETH liquidity currently on Sushi to Uniswap v2 and v3. The migration deploys liquidity for both these OHM pairs across the full price range, and adjusts the liquidity depth in the same process. Additionally, the proposal outlines the implementation of a novel policy lever — concentrated liquidity bonds.
In symbiosis with the Inverse Bond Policy Lever, concentrated liquidity positions are a mechanism for Olympus to:
Increase liquidity per OHM in circulation
Reinforce the backing of OHM
Dampen volatility in specific price ranges
Meet the demand for additional liquidity on the downside, and upside alike.
In practical terms, this policy lever e.g. allows Olympus to set desired price impacts on trades in either direction, achieving a more efficient use of liquidity. With more detailed control of the liquidity profile, Olympus can also manage risk scenarios such as liquidation cascades triggered by third party lending markets.
More context: https://forum.olympusdao.finance/d/1122-oip-86-uniswap-v3-migration-proposal/8
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
 0xf5B4...d99A72 | 10,215 | Migrate Liquidity to Uniswap |
 0x318A...E22C67 | 7,702 | Migrate Liquidity to Uniswap |
 0xB799...d76B3d | 4,487 | Migrate Liquidity to Uniswap |
 0x2ad0...9baD36 | 3,143 | Migrate Liquidity to Uniswap |
 0xC71d...3c85b8 | 2,412 | Migrate Liquidity to Uniswap |
VOTE POWER
Proposal Status
- Tue March 22 2022, 04:00 pmVoting Period Starts
- Fri March 25 2022, 04:00 pmEnd Voting Period
Current Results
1-Migrate Liquidity to Uniswap
50,984.922
2-Do nothing
83.016