• Proposal
  • OIP-37: Launch OHM-ETH Liquidity Bonds

Fully on board with Option 1.

The DAO has more than enough OHM to fund this (costs us 0.7% of our DAO funds), and the Treasury is accumulating more and more ETH every day that can be used productively. Let's use what we've got instead of spending time and money on building and running liquidity mining incentives.

devoltaire That v3 pool is not run by Olympus, and our proposed OHM-ETH pool would be on v2. There's a nontrivial technical hurdle to allow bonds for v3 pools that we haven't gotten over yet.

@mv286 we have have OIP-26 for concentrated liquidity of our OHM-FRAX pool, and are also investigating v3 management solutions too.

For anyone concerned with option #2 and diluting staking rewards -- it wouldn't! All of that OHM would stay in the liquidity pool 🙂

Fully in favor, LFG!

First WBTC, now OHM-ETH?? Treasury assets are getting beefier! Love it, lesss go

Diversification of the Treasury Assets is the best plan - we could consolidate in this bull run. But to have a balance between Large Caps like wBTC and Eth will only go to benefit OHM!!

Yup. Sounds very good. Glad the team is moving FAST !! This is craziness and moving really, really fast is important to maintain momentum. So many projects doing so many things….need to reach escape velocity and then the momentum builds on itself with automatic spread through social media, etc about Ohm.

Think this move (option1) is well aligned with both the short-term goal (wealth creation) and long-term vision given the importance of ETH

All for it. WETH will help us acquire more retail investors because not everyone can afford to bond so all for it.

"shadow"#p2566 Note: ETH mentioned in this proposal is actually wETH (wrapped ETH).

goldenboyyuri

4 days later

The governance vote is ending in 11 hours. Once voting is over, in how many days will this be live?

mv286 I think they are working with VISOR> It is something I would like to see, a UNI V3 LP / VISOR integration. It is the best way to maximize market depth - just have to trust VISOR though

I was coming into the forum to propose this! Fantastic to see the support. This trading pair would be a fantastic addition! Very supportive!!

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