How can I vote "yes" twice on this ?
Market Making Proposal from GSR
Centralized exchanges and Olympus combo scare me.
Yes plz 
is this an interest-free loan?
Are we really that keen to get OHM listed on a CEX that we are already sourcing market making partners?
- Edited
qwercus my question exactly! In the straight repayment option they keep 100% of the yield - an incredibly high fee for "market making" - pairing our Ohm with their dollars and charging CEXs to trade it.
Check out the GSR team: https://www.gsr.io/our-team/
Goldman Sachs and other IB alums. Completely the opposite of the kind of people we want to associate with imo.
halyax Have we even contemplated how governance might get poisoned if CEXs start listing OHM? The idea of Binance sitting on a stack of OHM for their apes to trade in an out of while they have it staked in the background does not sit well with me.
and why not gOHM? so that these OHMs are always staked?
EconomistBeard
On this point, they'll hold OHM, not gOHM so no governance influence.
not a fan - we don't need any MM's on CEXes today. If GSR wants to arb the volatility then they should market buy and put onto CEXes
Wartull The market maker will, CEXs where they will provide liquidity might have other ideas.
Do we vote with thumbs-up and thumbs-down?
Just asking because I don't see the usual YES-NO buttons.
Smooth brain here. Proposal says the OHM will not be staked and I assume the CEX would offer naked OHM and not gOHM or wsOHM. Is that a correct reading? If so, what is the mechanism for a CEX customer to stake? Say Coinbase Boomer buys OHM and then what? Do we plan to offer CEX custodial staking? Please explain it to me like I am younger than Zeus.
EconomistBeard Strongly agree. Early on I remember asking "wen CEX" and people kept saying "not important, just wait and let them buy Ohm like anyone else. Not worth paying a huge premium" Ofc they were right and I was greedy. This proposal is exactly what they were warning against!
will the 25000 OHM loan be returned as 25000 OHM or the $ value of the loan will be returned. Given that almost surely unstaked OHM will be diluted in a year, I hope the loan terms involve returning the actual dollar value.