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Lybra Finance has initiated a community proposal targeting the V1 tokens that have not been migrated, which will be submitted to DAO voting after necessary modifications.

2023-10-05 10:08
BlockBeats reported on October 5th that Lybra Finance, the stablecoin protocol for LSD, proposed a community proposal containing three processing suggestions for V1 tokens that have not migrated to V2, including: 1. Allowing V1 LBR tokens to migrate to V2, with a migration fee of 3% and an end date set for 3 months. The migration fee (i.e. 61,979.01 LBR) will be exchanged for USDC and distributed to V2 esLBR holders. 2. Allowing V1 LBR tokens to migrate to V2, with a migration fee of 20% and an end date set for 3 months, with the migration fee being removed from circulation. 3. Removing 2,065,967 LBR tokens that have not migrated from V1 to V2 before the deadline from circulation supply. This preliminary proposal will be discussed in the community for three days and submitted to DAO for voting after any necessary modifications.
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