OIP 52: Add UST to the Treasury
If the protocol truly intends to be the reserve currency for the entire DeFi ecosystem, it only makes sense to have a finger in all the DeFi pies.
I think its time to try luna been around long enough to risk it for the biscuit!!
Looks like Fun
Decentralized apps need decentralized stable coin. That's how u become real reserve currency.
Yessir
Decentralized reserved asset backed by decentralized currency
To my opion UST is the next stablecoin 2.0. Terra has a bright future ahead.
the whole motivation within the proposal just says it all, so a big YES for me.
Match made in heaven .
I support both … the terra ecosystem and OlympusDAO, which is becoming more and more of an ecosystem.
About time!!! Let's get this done!
Jawesome at last
OHM doesnt stop to impress me! bigger and bigger moves i can see OHM being the reserve currency for DEFI!
blessings to all the OHMIES and to the team making moves behind the scenes!
fantastico
Love it! I'm assuming the natural next step after accumulating UST will be to use Anchor Protocol to generate more yield?
Also, why not additionally accumulate LUNA (in our case wLuna) if Luna is used as the reserve asset for TerraUSD?
Would be great to see analysis of the upside as well as risks to adding a new asset to the treasury (not just UST, all proposals here).
get'er done
This would connect 2 of the very top players to weather the storm. Olympus & Terra
- Edited
I agree, I think it would be good for the treasury team to do a regular/ongoing review of its current treasury allocation, provide current market risks/benefits it sees as well as other analysis which includes what went well, what could've gone better, etc….
Symbolic relationship = Symbiotic Relationship
Can’t think of a reason not to support this
I agree that Olympus needs to have a diversified set of assets across the other major chains - though of course, ETH is home and where the future is ;-)