OIP-69… Nice.
I am in favor of allowing REDACTED to use this powerful new Olympus offering. This will allow them to have access to some amount of staking rewards while simultaneously growing their liquidity. Because this liquidity is paired with OHM this is also beneficial for us in growing the econOHMy. REDACTED has had a very successful launch and has fulfilled every part of their agreement to date. For these reasons it seems obvious that they should be added to this whitelist.
Someone should double check the dates on when the poling period ends
streetjesus I specified it dd/mm/yy ser
Redacted x ohm
Full support
never_defined broski, maybe take this point to commonwealth, cos most of the conversation regarding BTRFLY minting is happening there 
irc Thank you ser!
realkinando possible to explain this bit a lil more? Trying to understand the concern you brought up on the other proposal? Is it basically any flight to stables using this more liquid pool will also mean flight from ohm and thus potentially adding more pressure? > “Adding a lot of brand new OHM on the market would effectively lead to creation of “exit liquidity” for certain markets, exiting BTRFLY → OHM → DAI → USDC → Lamborghini. This would put incredible pressure on OHM’s price and potentially send it plummeting.”
What are the risks of this?
setanimals Yeah, there's a risk that increasing liquidity facilitates dumping, which would effect us and OHM negatively. Our counter argument to this obvious risk is that we're still pouring LP over multiple days / week. This reduces the effect. Another point to note, if the whale managed ETH : BTRFLY Uni-v3 pool stays competitive, aggregators may suggest users buy ETH --> OHM via BTRFLY.
Tao On the Olympus side, risks are fairly limited. The biggest risk that all this new OHM will enter the market if BTRFLY dumps, meaning that more than ever BTRFLY and OHM are tied together economically. All the smart contract risk is assumed by REDACTED CARTEL
realkinando It doesn't make sense at all to introduce more tokens to flood the market. Nobody in the right mind would want that. Olympus' goal is to become a bank for Crypto and by doing this, you're essentially driving everyone away. What's your motivation for creating this proposal?
This is was a proposal that was crafted in collaboration with the Olympus core team, in order to a) Increase BTRFLY liquidity b) Make it more appealing to us to offer OHM bonds. The net result is, whilst there will be OHM injected into the market - there will be strong buy pressure from the bonds.
The full details of the operation can be found on REDACTED's Commonwealth
realkinando Thank you. It does seem viable, it's definitely uncertain whether this will introduce a buy pressure from the bonds. However, I do look forward to seeing this proposal succeed and to see how well it'll benefit both platforms.
This is coinciding with our approach to 10M supply, at which point we were supposed to drastically reduce emissions. Perhaps there are other ways to help in growing your treasury in a manner that is at odds with a major event and strategy that we all agreed was necessary.
maybe we can buy back some Ohm from the market and loan that or loan any of the other tokens in our treasury.
Does anyone have any thoughts on the 50% LTV? Is 50% LTV too great? How does our current market volatility factor into this? Would appreciate some more discussion on this and how it could impact REDACTED and Olympus.
I am not a financial expert.
Therefore, I would like you to briefly explain the possible advantages and disadvantages of implementing OIP-69.
miyamasa11 Sounds good. Could you link us to the post where you briefly explains the advantages and disadvantages?
