OIP-103 Balancer Migration
Summary
Designate Balancer as the platform to host the majority of Olympus’ Protocol Owned Liquidity in an OHM-DAI-ETH pool. Balancer fulfils all the requirements to facilitate the upcoming core upgrade to the protocol, namely Range Bound Stability. Furthermore, Balancer is also fit to serve as the primary hub for business development, being compatible with Olympus’ liquidity services – incurDebt and Mint&Sync – with the goal of strengthening our relationship with existing partner protocols and positioning for growth of the network in the intermediate-term.
Proposal
Designate Balancer as the main liquidity hub
Designate Balancer OHM-DAI-ETH as the main liquidity pool
Create a managed OHM-DAI-ETH pool initialised with pool weights at 50/25/25
Migrate the current Sushi OHM-DAI and OHM-ETH liquidity to the Balancer pool in five batches, adding ETH and OHM from reserves to match the DAI amount in each batch
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
 0x0561...5eE1F0 | 74,603 | For: In support of proposal |
 0x5E11...BCEc1d | 27,083 | For: In support of proposal |
 0xded5...A2fAc9 | 26,219 | For: In support of proposal |
 0x9586...7B9ADA | 19,031 | For: In support of proposal |
 0x277d...5a54C1 | 14,502 | For: In support of proposal |
VOTE POWER
Proposal Status
- Fri July 08 2022, 07:46 pmVoting Period Starts
- Tue July 12 2022, 04:00 pmEnd Voting Period
Current Results
1-For: In support of proposal
322,598.605