Lybra Finance initiates a community proposal for unmigrated V1 tokens and will submit it to the DAO for a vote after making necessary changes

CoinVoice recently learned that on October 5, the LSD stablecoin protocol Lybra Finance proposed a community proposal with three processing suggestions for V1 tokens that have not been migrated to V2, including:

1. Allow V1 LBR tokens to migrate tokens to V2, with a migration fee of 3% and a set end date of 3 months. It is recommended that the migration fee (i.e. 61,979.01 LBR) be converted into USDC and distributed to V2 esLBR holders;

2. Allow V1 LBR tokens to migrate tokens to V2 with a migration fee of 20%, a set end date of 3 months, and the migration fee is withdrawn from circulation;

3. 2,065,967 LBR that were not migrated from V1 to V2 before the deadline were removed from the circulating supply.

This preliminary proposal will be submitted to the DAO for a vote after three days of community discussion and any necessary revisions. [Original link]