- Edited
Thanks for pushing forward on this @nicnombre. Some assessment for each vote choice is needed for the expected outcomes for a) the DAO itself, b) the protocol, and c) projects being worked on. I need to take some time to lay out the specifics myself before making a full response.
One general thought though: if a requirement of Cooler Loans is no net inflation, then offering full capacity loans at 3000 DAI / gOHM at anything less than 3.3% P.A. severely limits the ability for OHM bonds to function. Even 3.3% only allows for $6.6m per year in inflation maximum (likely closer to 3.3m if we assume only 50% of all OHM is put into Cooler).
It seems to be at odds with the Bond Centric Future paper, which I still believe to be the best path forward for Olympus. How do you see Cooler Loans and OHM bonds co-existing? It's hard for me to imagine it.