AUVC June Report

AUVC June Report

In June, the AUVC participated in 98 votes, with only one incorrect vote regarding the Fordow nuclear facility’s status. We were concerned about the possibility of being penalized for this vote, but we believed there was insufficient credible reporting to confirm that the facility’s centrifuges were non-functional. In retrospect, this market was likely unresolvable due to the inability to inspect the facility. The Fordow slash cost the DAO -2280.71 UMA, but was worth it voting with our beliefs. June ended with 98.97% correctness for the month.

With our 98 votes in June, the AUVC has now participated in a total of 585 votes, achieving 574 correct votes and maintaining an overall correctness rate of 98.11%. Our team’s correctness is on an upward trend, having surpassed the 98% correctness mark at the beginning of June.

The DAO voting bonus for the month exceeded 25,000 UMA in addition to over 30,000 UMA in staking rewards to put the DAO at roughly 55,000 UMA for the month.

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