executedEnded 4 years ago · Onchain
FIP-104: Reinforce PCV by consolidating assets and perform technical maintenance
By 0x64c4...359c5dContinue Reading
FIP-104: Reinforce PCV by consolidating assets and perform technical maintenance.
This FIP implements parts of the PCV reinforcement proposal that was approved in this snapshot: https://snapshot.fei.money/#/proposal/0x2fd5bdda0067098f6c0520fe309dfe90ca403758f0ce98c1854a00bf38999674 and discussed in this forum post: https://tribe.fei.money/t/fip-104-fei-pcv-reinforcement-proposal/4162?page=2
Specifically, it:
- Liquidates the protocol’s DPI holdings to DAI using a Balancer LBP
- Transfers the protocol’s CREAM holdings from the DAO timelock to the TribalCouncil multisig. The TribalCouncil will then liquidate the position on a DEX before returning the funds to PCV reserves
In addition, the FIP performs several technical maintenance tasks:
- Add and remove the relevant PCV deposits from the Collaterization Oracle
- Grant the TribalCouncil the role required to initiate the DPI LBP auction
- Add the uniswapPCVDeposit and dpiToDai LBP swapper as Safe addresses so PCV can be moved there
- Fix a bug in the NopeDAO configuration that previously set the voting period to 22 months rather than the expected 4 days
- Fund the TribalCouncil with 10 Eth
- Transfer 15,000 WETH from the DAO timelock to the aaveETHPCVDeposit
- Invert oracle price on LBP swapper and initiate auction
Connect Wallet to Add Note
0Votes 19
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
0x70b6...ddeCA9 | 5.114M | FOR |
0x66b9...E40B11 | 5M | FOR |
0x5eA4...70976F | 3.529M | FOR |
0xf8D0...5a28Ee | 2.5M | FOR |
0xe1A0...332d41 | 2.5M | FOR |
VOTE POWER
0
Connect Wallet
Proposal Status
- Thu May 19 2022, 09:44 pmPublished Onchain
0x64c4...359c5d
- Thu May 19 2022, 09:44 pmVoting Period Starts
- Sun May 22 2022, 12:25 amEnd Voting Period
- Sun May 22 2022, 12:45 amQueue Proposal
- Mon May 23 2022, 12:48 amExecute Proposal
Current Results
1-FOR
36.664M
2-AGAINST
N/A Tokens
3-ABSTAIN
N/A Tokens
