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Memo 0x7806eadc…b54779 on Ethereum

0xb81cf498…d8bfsent to0x0bef27fe…7494·#13,540,890·view on Etherscan
FIP-37: TRIBE buybacks Summary: Initialize TRIBE buybacks on a continuous weekly basis at 20% APR of protcol equity. Proposal: Utilize new contracts to automatically and cyclically trigger auctions of newly minted FEI for TRIBE. The amount of FEI minted is calculated as 20% of protocol equity normalized to the period length of 1 week per year. The proposal initializes the collateralization oracle keeper and guardian. The former is used to keep the collateralization oracle up to date, and the latter allows for the guardian to pause and semi-manually override the cached values. It also seeds 111k FEI and 5k TRIBE for the first auction at a lower value as a capped launch. Forum discussion: https://tribe.fei.money/t/fip-37-fei-v2-tribe-buybacks/3571 Code: https://github.com/fei-protocol/fei-protocol-core/blob/develop/proposals/description/fip_37.ts
unknown sendersent to0x0bef27fe…7494·#13,540,890·view on Etherscan
FIP-37: TRIBE buybacks Summary: Initialize TRIBE buybacks on a continuous weekly basis at 20% APR of protcol equity. Proposal: Utilize new contracts to automatically and cyclically trigger auctions of newly minted FEI for TRIBE. The amount of FEI minted is calculated as 20% of protocol equity normalized to the period length of 1 week per year. The proposal initializes the collateralization oracle keeper and guardian. The former is used to keep the collateralization oracle up to date, and the latter allows for the guardian to pause and semi-manually override the cached values. It also seeds 111k FEI and 5k TRIBE for the first auction at a lower value as a capped launch. Forum discussion: https://tribe.fei.money/t/fip-37-fei-v2-tribe-buybacks/3571 Code: https://github.com/fei-protocol/fei-protocol-core/blob/develop/proposals/description/fip_37.ts