{"postId":"opengov:387","kind":"opengov","title":"HOLLAR fixed-yield bonds tranche 2","body":"This proposal, if approved, will:\n\n- borrow `797,152.68` HOLLAR (topped up with `120,000` HOLLAR already held by the Treasury)\n- issue `917,152.68` HOLLAR bonds with a maturity of `2026-11-24 00:00 UTC`\n- place an on-chain remark: `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`\n\nThis is the second batch of HOLLAR fixed-yield bonds, following the fully sold-out first batch ([#337](/referendum/opengov/337)). As before, a follow-up referendum will be whitelisted and will:\n\n- transfer the HOLLAR fixed-yield bonds to the pure proxy controlled by the Treasury + `16RJh4z1eUHpC3ntre9H2noKGKxihkSqog9PBt9bRbAnj4RE` - the `3/5` threshold multisig consisting of the following signers:\n\n    - Leemo\n    - Crane\n    - lolmcshizz\n    - Giraffe\n    - Jose\n- create OTC sales for the HOLLAR fixed-yield bonds:\n\n    - `222,222` USDT @ `8%` APR\n    - `222,222` USDC @ `8%` APR\n    - the full `452,563.22` issuance of the first-batch bonds maturing 2026-08-25 @ `9%` APR - giving existing holders a one-click option to roll over into the new maturity at a premium rate\n\nRolled-over first-batch bonds will be redeemed at maturity and used to repay the HOLLAR borrowed for the first batch. All rates are net of the 0.1% OTC fee, which flows back to the Treasury.\n","bodyFormat":"markdown","tldr":"","labels":[],"linked":[],"author":{"account":{"accountId":"0x8aee4e164d5d70ac67308f303c7e063e9156903e42c1087bbc530447487fa47f","address":"149AQApEw4Xe1DxWesqywiuGQHazbETMgWgT89WjEYFAc29y","emoji":"🍁","emojiName":"heimdall","emojiUrl":"https://cdn.discordapp.com/emojis/1005035405864869939.webp?size=32","tag":null,"identity":{"display":"lolmcshizz","verified":true,"email":"","web":"","twitter":"@lolmcshizz"},"profile":null},"legacyName":null},"authority":"subsquare","revision":0,"createdAt":"2026-08-19T19:15:36.000Z","editedAt":null,"lastActivityAt":"2026-08-21T01:01:15.000Z","commentsCount":0,"updatesCount":0,"upvotes":0,"threadKey":"opengov:387","source":{"name":"subsquare","id":"6a860109781cee3ac4f55482","cid":null,"removed":false},"bannerCid":null,"banner":null,"poll":null,"locked":false,"media":{},"hidden":false,"generation":"b4c5e52f414ef898"}