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Gearbox · closed proposal

[GIP-57] Set up OHM lending pool

0x031D…a2AA·ended 3y ago·Discussion ↗
Voters
124
GEAR voted
221.36M
Token price

AI summary

Summary pending — generation runs every 15 minutes.

Voting results

Quorum
221.36M / 200.00M GEAR(111%)
✓ Quorum met
Approve221.25M (99.9%)
Reject1.92K (0.0%)
Abstain110.00K (0.0%)
221.36M GEAR · 124 votersblock 17215000

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Full proposal

Original markdown · Gearbox

This discussion-proposal calls for:

Motivation

Olympus DAO has been focusing on OHM's price stability over the past year. Instead of high staking APY and high price volatility in the past, an algorithmic open market module ('Range Stability') has been deployed, helping to stabilize OHM around a floating price target. More details on bonds mechanism…

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