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Memo 0xcfae9aac…e445c9 on Ethereum

FIP-41: LUSD Auction Summary: Acquire 100M LUSD through a Balancer auction and supply to LUSD stability pool. This amount represents 8.5% of Fei PCV and 14% of LUSD total supply. Liquity is governance-free and has multiple decentralized front-end interfaces giving it more resilience and censorship resistance. It is very aligned with Fei in relation to decentralization. Specification: Acquire 100M LUSD through a Balancer auction using 100M minted FEI. It is a similar process to the one used for TRIBE buybacks. The LUSD acquired will be deployed to Liquity's Fuse pool. The initial 1M LUSD to seed the auction is acquired through a swap of freshly-minted FEI to LUSD in the Saddle D4 pool. Forum discussion: https://tribe.fei.money/t/fip-41-acquire-lusd-through-a-balancer-auction/3602 Snapshot: https://snapshot.org/#/fei.eth/proposal/0x0e5f05a0c51938b904d9932849251ae920403b75301f90567da9d1ed857965c3
unknown sendersent to0x0bef27fe…7494·#13,593,616·view on Etherscan
FIP-41: LUSD Auction Summary: Acquire 100M LUSD through a Balancer auction and supply to LUSD stability pool. This amount represents 8.5% of Fei PCV and 14% of LUSD total supply. Liquity is governance-free and has multiple decentralized front-end interfaces giving it more resilience and censorship resistance. It is very aligned with Fei in relation to decentralization. Specification: Acquire 100M LUSD through a Balancer auction using 100M minted FEI. It is a similar process to the one used for TRIBE buybacks. The LUSD acquired will be deployed to Liquity's Fuse pool. The initial 1M LUSD to seed the auction is acquired through a swap of freshly-minted FEI to LUSD in the Saddle D4 pool. Forum discussion: https://tribe.fei.money/t/fip-41-acquire-lusd-through-a-balancer-auction/3602 Snapshot: https://snapshot.org/#/fei.eth/proposal/0x0e5f05a0c51938b904d9932849251ae920403b75301f90567da9d1ed857965c3