PECO PIP3 — Rebalancing Date Change Proposal

Tyler Koch
Amun
Published in
1 min readMay 16, 2022

This is a governance proposal to change PECO’s rebalancing date from the 1st calendar day of each month to to the 1st business day of each month. In ensuring that the rebalancing will happen on a business day, the entire team’s attention can be rapidly alerted if there are any issues with the rebalancing process.

The snapshot was taken May 16th at 4pm UTC. The vote will be open from Monday, May 16th at 4pm EST and end Thursday, May 19th at 4pm UTC.

If the proposal is passed:

Monthly rebalancing will now occur on the 1st business day of each month.

Proposal voting instructions

In order to vote on the given proposal, you must have had PECO tokens in your wallet at on May 16th 4pm UTC.

  1. Go to the PECO snapshot page
  2. Click on “Connect wallet” button in the top right corner
  3. Connect with wallet provider where you hold PECO
  4. Click on the option you want to vote for
  5. Sign the message via your wallet and done

If you have any questions feel free to reach out to us on Discord, Twitter, or Telegram.

Proposal: Snapshot

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