APIP 3 : Deploy the fees distributor and the smart wallet checker contracts
Summary: Deploy the fees distributor to create a native yield for veAPW holders, and the smart wallet checker to allow other DAOs to enter the APWar.
Context: Currently there is no yield on veAPW, however , if APGP 1 is voted, there is a need for a new contract called the fees distributor.
Only EOA can currently lock APW on the veAPW contract. A smart wallet checker needs to be deployed to allow contracts (Multisigs, DAOs etc) to lock APW. This is also needed to tokenize the veAPW.
Rationale: I) Fees distributor: If the APGP 1 is voted for the distribution, and if this proposal is approved, the fees distributor will be deployed
This is a contract allowing to distribute part of the collected fees to veAPW holders. This might also be useful to create the sdAPW liquid locker.
II) Smart wallet checker: To have the possibity to whitelist any address to lock APW on the voting escrow contract, a smart wallet checker is needed for DAOs and multisigs too.
As the liquid locker is a tokenization of the veAPW, it’s a contract that needs to be whitelisted to be able to lock the underlying token.
To have everything ready before the next gauge vote, this proposal will exceptionally have 5 days of voting period instead of 8 days.
Means: Dev work No treasury funds
Technical implementation:
- Deploy the fees distributor
- Deploy the smart wallet checker
Voting options: Yes, deploy both contracts Yes, deploy only the fees distributor Yes, deploy only the smart wallet checker No, don’t deploy the contracts Abstain
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
0x41Bc...27C56d | 10.297M | Yes, deploy both contracts |
0x9824...dEA969 | 2.024M | Yes, deploy both contracts |
0x919F...e0edF5 | 1.997M | Yes, deploy both contracts |
0xbcc1...73A126 | 1.465M | Yes, deploy both contracts |
0xAA7A...e87d66 | 1.256M | Yes, deploy both contracts |
VOTE POWER
Proposal Status
- Sun April 03 2022, 08:00 pmVoting Period Starts
- Fri April 08 2022, 08:00 pmEnd Voting Period
Current Results
1-Yes, deploy both contracts
20.889M
2-Abstain
4,010.188
