Profile of Cyrus in Optimism

Posts by Cyrus

• [REVIEW] [GF: Phase 1 Proposal] dHEDGE (v2 revised) by Cyrus - No Role
  Posted on: Sept. 22, 2022, 10:14 p.m.
  Content: Hi @Jadmat - thanks for the questions. Going through in order, the $DHPT token is a token representing a share in any specific dHEDGE Pool. For example $DHPT could describe a share in Stablecoin Yield on Optimisim (this pool however has a specific ticker $USDy) Regarding the criteria for a pool to be whitelisted for staking rewards, a dHEDGE Feature Proposal will be posted in governance to clarify the exact criteria. The first proposal is likely to be a minimum TVL of $ 20 k and pool age of at least 30 days, and this will be subject to a governance vote to pass. Regarding incentivizing the OP:DHT liquidity pair, there is currently no deep source of liquidity on Optimism for the DHT token, and this will be required for efficiently operating dHEDGE governance (accruing governance power, utilisation of staking rewards). A fluid dHEDGE governance program on Optimism is important for the health of the protocol.
  Likes: 2 Replies: 1
  Likers: edson, macid
  Replies:

  • Jadmat: Cyrus: el token $DHPT es un token que representa una participación en cualquier grupo dHEDGE específico. Por ejemplo, $DHPT podría describir una acción en Stablecoin Yield en Optimisim (sin embargo, este grupo tiene un ticker específico $USDy) So the whitelist refers to the found, not the token holder? In your example, who should be whitelisted would be Stablecoin Yield, is that correct? Cyrus: se publicará una Propuesta de características de dHEDGE en el gobierno para aclarar los criterios exactos It would be interesting if you could add this to the proposal, do you agree? I agree to the importance of governance; this is linked to the Stake, encourage an lp seems at first sight the opposite; help me understand the idea
• [REVIEW] [GF: Phase 1 Proposal] dHEDGE (v2 revised) by Cyrus - No Role
  Posted on: Sept. 22, 2022, 6:14 p.m.
  Content: Hi @Jadmat - thanks for the questions. Going through in order, the $DHPT token is a token representing a share in any specific dHEDGE Pool. For example $DHPT could describe a share in Stablecoin Yield on Optimisim (this pool however has a specific ticker $USDy) Regarding the criteria for a pool to be whitelisted for staking rewards, a dHEDGE Feature Proposal will be posted in governance to clarify the exact criteria. The first proposal is likely to be a minimum TVL of $ 20 k and pool age of at least 30 days, and this will be subject to a governance vote to pass. Regarding incentivizing the OP:DHT liquidity pair, there is currently no deep source of liquidity on Optimism for the DHT token, and this will be required for efficiently operating dHEDGE governance (accruing governance power, utilisation of staking rewards). A fluid dHEDGE governance program on Optimism is important for the health of the protocol.
  Likes: 2 Replies: 1
  Likers: edson, macid
  Replies:

  • Jadmat: Cyrus: el token $DHPT es un token que representa una participación en cualquier grupo dHEDGE específico. Por ejemplo, $DHPT podría describir una acción en Stablecoin Yield en Optimisim (sin embargo, este grupo tiene un ticker específico $USDy) So the whitelist refers to the found, not the token holder? In your example, who should be whitelisted would be Stablecoin Yield, is that correct? Cyrus: se publicará una Propuesta de características de dHEDGE en el gobierno para aclarar los criterios exactos It would be interesting if you could add this to the proposal, do you agree? I agree to the importance of governance; this is linked to the Stake, encourage an lp seems at first sight the opposite; help me understand the idea
• Voting Cycle #6: Roundup by Cyrus - No Role
  Posted on: Sept. 20, 2022, 1:48 p.m.
  Content: Updated @OPUser - should be compliant now
  Likes: 1 Replies: 0
  Likers: opuser
  No replies yet.
• [REVIEW] [GF: Phase 1 Proposal] dHEDGE (v2 revised) by Cyrus - No Role
  Posted on: Sept. 20, 2022, 1:47 p.m.
  Content: Thank you @MoneyManDoug and @mastermojo. Will update the roundup post
  Likes: 2 Replies: 0
  Likers: mastermojo, edson
  No replies yet.
• Voting Cycle #6: Roundup by Cyrus - No Role
  Posted on: Sept. 20, 2022, 9:48 a.m.
  Content: Updated @OPUser - should be compliant now
  Likes: 1 Replies: 0
  Likers: OPUser
  No replies yet.
• [REVIEW] [GF: Phase 1 Proposal] dHEDGE (v2 revised) by Cyrus - No Role
  Posted on: Sept. 20, 2022, 9:47 a.m.
  Content: Thank you @MoneyManDoug and @mastermojo. Will update the roundup post
  Likes: 2 Replies: 0
  Likers: mastermojo, edson
  No replies yet.
• Voting Cycle #6: Roundup by Cyrus - No Role
  Posted on: Sept. 15, 2022, 10:15 p.m.
  Content: Proposal A: dHEDGE Proposal: [REVIEW] [GF: Phase 1 Proposal] dHEDGE (v 2 revised) - # 4 by Cyrus 32 Delegate Approval 1 : Mastermojo 4 Delegate Approval 2 : MoneyManDoug 3
  Likes: 1 Replies: 1
  Likers: jrocki.bedrock
  Replies:

  • OPUser: FYI…please update both approval as per new guideline from foundation.
• Voting Cycle #6: Roundup by Cyrus - No Role
  Posted on: Sept. 15, 2022, 6:15 p.m.
  Content: Proposal A: dHEDGE Proposal: [REVIEW] [GF: Phase 1 Proposal] dHEDGE (v 2 revised) - # 4 by Cyrus 33 Delegate Approval 1 : Mastermojo 4 Delegate Approval 2 : MoneyManDoug 3
  Likes: 1 Replies: 1
  Likers: Jrocki
  Replies:

  • OPUser: FYI…please update both approval as per new guideline from foundation.
• Voting Cycle #6: Roundup by Cyrus - No Role
  Posted on: Sept. 15, 2022, 6:15 p.m.
  Content: Proposal A: dHEDGE Proposal: [REVIEW] [GF: Phase 1 Proposal] dHEDGE (v 2 revised) - # 4 by Cyrus Delegate Approval 1 : Mastermojo Delegate Approval 2 : MoneyManDoug
  Likes: 1 Replies: 1
  Likers: Jrocki
  Replies:

  • OPUser: FYI…please update both approval as per new guideline from foundation.
• [REVIEW] [GF: Phase 1 Proposal] dHEDGE (v2 revised) by Cyrus - No Role
  Posted on: Sept. 13, 2022, 12:11 a.m.
  Content: Thank you @lavande, updated. Proposal moved to [REVIEW] given this proposal has incorporated feedback and comments received from our Cycle 4 proposal and also from delegate comments above. Summary of updates from Cycle 4 : We’ve modified the $OP distribution such that users don’t need to stake DHT to be eligible, We’ve revised the $OP ask down from 500 , 000 to 350 , 000 , and Split the distribution between pool incentives ( 70 %) and liquidity mining ( 30 %)
  Likes: 2 Replies: 0
  Likers: mastermojo, taminater
  No replies yet.