PSP-IPΔ15 - Olympus Pro Pilot for POL
Following the governance discussion regarding the initiation of an Olympus Pro Pilot Program this Proposal is being put up to vote to fulfill the following objectives: Increase Protocol Owned Liquidity by issuing wETH Bonds using 1M PSP from the PSP POL Budget. In the future this wETH reserve will be paired with PSP to Increase Liquidity.
We hereby submit the execution of the Allocation of 1,000,000 PSP into the OHM Pro PSP Pilot Program to a vote. PSP-IPΔ15 funding would be sourced from the PSP POL Budget.
The Proposal can be found here: https://gov.paraswap.network/t/psp-ip-15-olympus-pro-pilot-for-protocol-owned-liquidity/736 The 2022 DAO Budget (Revised) can be found here: https://gov.paraswap.network/t/psp-bp-1-paraswap-dao-budget-for-2022/614/11
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
 Enerow.eth | 1.5M | For - Allocate 1M PSP to OHM Pro |
 0xC0b0...f0fEeD | 304,470 | For - Allocate 1M PSP to OHM Pro |
 0x5f9a...98305E | 219,115 | For - Allocate 1M PSP to OHM Pro |
 0x0951...38ec3A | 206,710 | For - Allocate 1M PSP to OHM Pro |
 0x2b4a...Ba49E9 | 202,503 | For - Allocate 1M PSP to OHM Pro |
VOTE POWER
Proposal Status
- Thu March 24 2022, 06:38 pmVoting Period Starts
- Mon March 28 2022, 06:30 pmEnd Voting Period
Current Results
1-For - Allocate 1M PSP to OHM Pro
5.803M
2-Against
103,037.557
3-Abstain
88,043.976