YIP - 13: Olympus Pro - Protocol Owned Liquidity

YIP - 13: Olympus Pro - Protocol Owned Liquidity

YIP-13 proposes to allocate 250K YAXIS tokens for use in the Olympus DAO Protocol Owned Liquidity program (POL)

yAxis is looking to replace the existing UNISWAP LP staking rewards over time with a strategic Olympus Pro partnership, allowing yAxis to acquire its own liquidity. As part of any potential partnership, yAxis would be required to allocate YAXIS tokens to launch the Protocol Owned Liquidity (POL) bond programme.

For more information regarding yAxis and Olympus’ POL head over to our Medium article HERE

Also, check out the community yAxis - Olympus forum discussion HERE

If approved, YIP-13: Protocol Owned Liquidity proposal would:
:white_check_mark: Allocate 250K YAXIS tokens to launch Olympus Pro POL programme.
:white_check_mark: Support the POL programme for three months.

Voting Details

Start: 12 Nov 2021, 2100 UTC
End: 14 Nov 2021, 2100 UTC

  • Must hold a $YAXIS position (wallet, staked or LP)
  • Simple majority wins
  • Remember: if you have multiple wallets holding $YAXIS, vote with each

YIP 13 Snapshot vote URL can be found HERE

Voted Yes, it’s a brilliant idea to own your Liquidity