Fully for this as Tribe has proven to be untrustworthy on multiple levels (no follow through two times, first on 10m buy second on rari hack repayment). My only question is what do we do with the gOHM. What will the impacts be?
OIP-109: Unwind the gOHM-Tribe DAO Swap
A bit sad, but necessary imo
Pretty clear there's no other option. FORWARD!
The whole thing was ridiculous as this has played out.
Completely unprofessional that Tribe did that. Further proving the point as to why most other projects won't partner with them going forward.
I applaud Policy for taking the steps to immediately unwind the positions between 6/14 and 6/17.
Shpadoinkal could be used to partially repay the pool 18 victims. Or I guess to patch up the $10mil loss by Olympus itself. Tribe made a mess.
Disclaimer: I have stuck collateral in pool 18
bouttreetreefiddy I would not assume these funds would do anything related to compensation. Assuming this would just go back into the LP but waiting on dao to confirm.
Thank you for the write up. Impressive work from the Policy team as always.
Shpadoinkal Yes, we have not yet discussed this but my assumption would be that it would go back to the DAO Wallet (Where the OHM came from initially).
How is the unwinding going to happen?
balotelli45 absolutely