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Angle · closed proposal
Temperature Vote for Angle Protocol Upgrade
0xfdA4…0185·ended 4y ago
Voters
27
ANGLE voted
1.71M
Token price
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Voting results
For1.71M (100.0%)
Against0 (0.0%)
1.71M ANGLE · 27 votersblock 13688882
🐳 Whale votes
0 votes > 5% VPNo whale votes on this proposal.
Full proposal
Original markdown · Angle
Governance thread is available here: https://gov.angle.money/t/improving-angle-token-utility/168
Abstract: The idea is to improve the Angle protocol and the ANGLE governance token utility through several changes:
- Implementation of a module to buyback ANGLE governance tokens using a portion of the interests generated by the protocol's strategies. Each time interests are received from strategies, a portion of it directly goes to the buyback pocket, the rest is split between SLPs and surplus. The surplus main use is to cope with collateral price decrease when the protocol is not fully hedged…
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