Should swapping on the Balancer LBP be unpaused?
The Balancer LBP was a 48h event that allowed anyone to acquire RAD for USDC.
The event has now successfully concluded, with 24M USDC raised, but there is still a lot of interest in trading RAD. However there is very little liquidity.
Since the Balancer pool weights have converged to 50/50, this pool could effectively function as a regular DEX, as opposed to an auction, if swapping was unpaused.
This is an immediate, short term solution, as the liquidity in the pool cannot be transfered anywhere else without a formal governance proposal.
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
0x1307...2ca5cC | 272,024 | Unpause swapping |
0x61d6...D9BFb1 | 141,285 | Unpause swapping |
0x8a91...8cB00C | 100,000 | Unpause swapping |
0x5477...6da165 | 87,847 | Unpause swapping |
0x17e8...1C248b | 62,645 | Unpause swapping |
VOTE POWER
Proposal Status
- Sun February 28 2021, 11:00 amVoting Period Starts
- Mon March 01 2021, 11:00 amEnd Voting Period
Current Results
1-Unpause swapping
1.243M
2-Do nothing
48,112.486
