This executes the on-chain remark from #387 (https://hydration.subsquare.io/referenda/387):
request the Technical Committee to whitelist the sale of HOLLAR fixed yield bonds in a follow-up referendum - purchasing 222,222 USDT + 222,222 USDC @ 8% APR and rolling over existing HOLLAR bonds @ 9% APR
It transfers the newly issued HOLLAR fixed-yield bonds (maturity 2026-11-24 00:00 UTC) to the pure proxy controlled by the Treasury + 16RJh4z1eUHpC3ntre9H2noKGKxihkSqog9PBt9bRbAnj4RE (the 3/5 multisig: Leemo, Crane, lolmcshizz, Giraffe, Jose) and creates three OTC sales:
222,222 USDT @ 8% APR
222,222 USDC @ 8% APR
- the full
452,563.22 issuance of the first-batch bonds maturing 2026-08-25 @ 9% APR - a one-click rollover into the new maturity at a premium rate for existing holders
All rates are net of the 0.1% OTC fee. Rolled-over first-batch bonds will be redeemed at maturity to repay the HOLLAR borrowed for the first batch.