closedEnded 4 years ago · Snapshot (Offchain)
RGP-10: Reimbursement for USDC Depositors
By 0xd54f...ee7094
Last Friday at approximately 11:10am UTC, the auction for the ETH Put Selling vault (denominated in USDC) settled. However, because of a bug in our Auction Frontend, many market-makers were unable to participate in the auction. Because of this, there were very few bids on the auction, and it settled at a much lower price compared to “market price”.
This proposal proposes reimbursing our users with the difference between the auction settlement price and the “market price”, for a total of $183,164.94.
To see more details, please read this post: https://gov.ribbon.finance/t/rgp-10-reimbursement-for-usdc-depositors/504
Connect Wallet to Add Note
0Votes 90
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
 0xC864...D8f5Ef | 750,000 | Yes |
 0x24eD...ABb6C5 | 513,669 | No |
 0xEad3...A394e7 | 390,472 | No |
 0x98b8...A8C914 | 296,511 | Yes |
 0xA5d9...C4AB2f | 234,332 | No |
VOTE POWER
0
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Proposal Status
- Sun February 20 2022, 03:11 amVoting Period Starts
- Tue February 22 2022, 04:00 amEnd Voting Period
Current Results
1-Yes
2.601M
2-No
1.356M