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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

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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:

  1. 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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