Use PERP to provide max(op2, op4) to Perp v1 users

Funds for this proposal will come from existing Perpetual DAO tokens. No new PERP will be minted for this proposal.

The amount of PERP these users receive is set at the time of this vote concluding, but there is a 1 year time lock before these users can receive their PERP.

Proposal A: Compensate all users who received less in Opt2 than they would in Opt4 by providing them with the amount Opt4-Opt2. This cost is $3.59 million. 1 year time lock on PERP distribution.

For example if user 0xABC received $31k in Option 2 but would have received $50k in Option 4, then this user would get $19k worth of PERP from the DAO in this proposal.

Proposal B: Same as Proposal 1 except only compensate users who signed the compensation spreadsheet (see addresses below). This cost is $1.28 million. 1 year time lock on PERP distribution.

The same as Proposal A, except we only compensate the users who bothered to sign the spreadsheet. The spreadsheet has been unlocked and available to sign for over a week now.

Proposal C: Do nothing.

Do not compensate anyone.

2 Likes