Request for Comment: CVX Bonds

tigerlily

No Brainer. Vote yes now.

mjrossman

Absolutely, Curve is significantly more important than getting basic 2LPs imho. LFG.

AoshichanX

if Brian say yes, ofc I'm in

j/k

if it's not us, it'll be someone else

kolten

Generally in favor.

This expands the opportunities available to other products in the Olympus ecosystem — giving the DAO more flexibility and the potential for more partnerships. You've nailed the narrative aspect, which I also agree with.

IDKFAIRL

Huge untapped markets, future liquidity provision for Olympus

Also incoooooom

Do it

irc

Yes. This is the perfect complement to our Tokemak strategy. It's time to have a larger voice in how liquidity flows.

BowTiedTigris

Gotta be crazy to say no to this!

OberonSky

Yes!.. and thank you for the excellent and detailed proposal!

Chance

Without a doubt in support!

MrMochi

CRV (and CVX) are going to be a very valuable asset in the long term. Definitely something we'd like for our treasury. Absolutely in favor. Great write-up Json and Brian.

Brian33

MrMochi Thank you! I'd just like to say that the policy team also did a lot of work in data collection and analyzing the token risks, they should also be commended!

Saitamasama

json

json I don’t even need to read this to know this is a yes. Convex was going to be my play before I found Ohm.

Brian33

I'll leave this here as my own personal opinions on why I think acquiring CVX is imperative towards our success: https://twitter.com/wagmianon/status/1457424183923724293

helkem0

json I agree, CVX is a crucial defi asset and needs to be added

NBS

As Brain's number one simp I tend to agree with everything written in this before even reading it😂

But to be real this is a no-brainer!

and kudos to Json and Brian for this well-written proposal ❣

Brian33

NBS Thank you 🙂 , but to be clear, multiple policy members worked on this; I don't think its fair to them to say it was only us, its a collective effort.

NorthCap

Vehemently yes. Staking a claim in Curve governance through Convex is the natural progression for Olympus' long-term goals. Incredibly limited downside and infinite upside. This is one of the most strategic assets we could add to the treasury. Awesome job Brian and Json.

SateeshK

Fully support. The sooner we start acquiring CVX, the better given multiple other protocols have begun discussions to do the same. Votium payouts have been mooning and this is only expected to continue given the efficiency of protocol's bribing vs. LM incentives with the additional tailwind of Curve v2 which will add a theoretically unlimited amount of additional pools to bribe.

SMARF

This is the most obvious move the protocol could have taken, and I'm just curious why this wasn't proposed weeks ago? Feels like a pretty big oversight to wait until every other protocols wants to start acquiring CVX before we start to talk about putting out bonds. Is there some form of bureaucracy standing in the way? How can we make this process more efficient moving forward?

In case it's not obvious, I vote "yes".

MrLoop

SMARF This is the most obvious move the protocol could have taken, and I'm just curious why this wasn't proposed weeks ago? Feels like a pretty big oversight to wait until every other protocols wants to start acquiring CVX before we start to talk about putting out bonds. Is there some form of bureaucracy standing in the way? How can we make this process more efficient moving forward?

In case it's not obvious, I vote "yes".

I agree. Why did this proposal take forever? Instead of leading the pack, OHM is now just a "+1" in the race for CVX, which has considerably appreciated since.

Is the DAO becoming too bloated / complacent?

GavinElster33

Its a very good direction for us and Im all in favor. Long live Olympus.