Lets start giving the DAO some of the pOHM instead of money generated by the treasury.
Pasta
- Dec 20, 2021
- Joined Jul 9, 2021
Question about the language here. The only whitelisted protocols are AAVE SUSHI and Convex, so would this exclude Curve? Seeing how Convex and Curve go hand in hand I think it would make sense to add CRV to the whitelist, would you agree?
silent_mastodon I don't think new people will be eating a "shit sandwhich". The proposal should reduce sell pressure and also reduce the amount of OHM created. Ask yourself, would you rather have 100 OHM worth 10 dollars or 10 OHM worth 1000 dollars? I believe the strength of the token due to the emission change will out weight the gain from a high APY.
Feel like the framework isn't really necessary and sets arbitrary limits. Seeing that rewards emissions can be changed as needed I struggle to think we can predict what Olympus will look like at 5 million Total Supply let alone 100 million or even 1 trillion. Would the framework box us in to unnecessary limits? What would happen to sell/buy pressure as we approach each a reward rate change due to supply change? I think the framework is a good idea for a "rough" estimate but shouldn't be hard set.
Brian33 Hey quick question, what would be the smart contract risk by adding eth? Don't we already have the smart contracts deployed for DAI? Wouldn't it be a basic swap in the contract to allow ETH? I'm not very technical so I could be way off. If it does propose a smart contract risk, could you provide some detail so I could better understand?
Thanks!