AIP-76 alOHM: new alAsset & launch proposal
Status: AIP-76 is up for a snapshot vote until January 11, 2023 at 08:49 UTC
In addition to expanding across the Ethereum ecosystem and deploying new yield strategies, Alchemix has also been exploring the creation of new alAssets with partner protocols. After much discussion and deliberation, alOHM has been chosen as the first new “exotic” alAsset. In collaboration with Olympus, alOHM was chosen based on community interest, sustainable yield source, and support from both protocols. This proposal details the launch parameters for this new alAsset and, if approved, will kick off the supporting tools for alOHM, such as the Alchemist, a Balancer pool and emission allocation. As a reminder, a 50k ALCX quorum is needed, so check out the proposal and don’t forget to vote!
Since the last update…
AIP-75 passed a snapshot vote, approving $50k in bribes to L2D4. This action is pending all other protocols passing their respective proposal votes, and on L2D4 receiving a FRAX gauge. The core team will communicate the final outcome of this proposal!