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closedEnded 4 years ago ยท Snapshot (Offchain)

Proposal: Stop maintenance of the USDT protection pool, possibly transfer to Polygon

By 0xF6ad...41B620

Hello everyone

Staking pool that provides liquidity for USDT Protection on Opium.Finance was the first and very successful product, that was launched in January 2021.

It was just in time when FUD was spreading around Tether and there were many different doubts. The community was divided into two groups, who were betting for and against USDT, which allowed to create a protection market for USDT and keep it running for a while.

Recently we see that the demand for both purchasing and providing protection decreased and the USDT Protection pool does not see much interest.

So I propose to stop maintaining the USDT pool on the Ethereum mainnet. Preferably, if the community would like to keep maintaining it, it might be migrated to Polygon, to reduce maintenance overhead.

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0
Votes 5
VoterCast PowerVote & Rationale
0x0953...86AfA3
17,409

FOR

0x94Af...679B6b
4,870

FOR

0x84E9...337988
2,498

FOR

0xF6ad...41B620
527

FOR

0xCEE3...fDc4E8
64

FOR

VOTE POWER
0
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Proposal Status
  • Sat June 18 2022, 08:03 pmVoting Period Starts
  • Mon June 27 2022, 08:00 amEnd Voting Period
Current Results

1-FOR

25,367.151

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