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executedEnded 4 years ago Â·  Onchain

FIP-84a: Change FEI DAO timelock to previous timelock. Grant Rari timelock governor

By 0x64c4...359c5d

Forum discussion: https://tribe.fei.money/t/fip-84-migrate-upgrade-mechanism-owner/3982 FIP 84 is being performed to allow an incentives contract to be upgraded.

Specifically, to distribute rewards on Aave we deploy an incentives controller contract. That contract has an upgrade mechanism managed by a ProxyAdmin contract. To participate in the next round of Aave rewards there is a need to upgrade to a compatible incentives contract.

However currently, the owner of the ProxyAdmin contract is the old, deprecated timelock that the Fei DAO used. Only the owner of the ProxyAdmin is able to upgrade a contract it manages.

Therefore, this FIP is being used to change the owner of the ProxyAdmin contract to the new Fei DAO timelock. To do this, we have to temporarily switch the DAO timelock back to the old timelock and so this FIP comes in three stages: a, b, c.

FIP 84a specifically changes the FEI DAO to point to and use the old timelock for migration purposes. It also introduces redundancy onto the live sister Rari DAO by granting it’s timelock the governor role. It also revokes the governor role from the old, deprecated timelock.

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Votes 6
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0xe0ac...BaCD52
10.022M

FOR

0x66b9...E40B11
5M

FOR

0x6ef7...5C6148
3M

FOR

0x7E74...6001D2
2.514M

FOR

0xb81c...d5D8bF
2.5M

FOR

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Proposal Status
  • Wed February 23 2022, 04:49 amPublished Onchain 0x64c4...359c5d
  • Wed February 23 2022, 04:49 amVoting Period Starts
  • Fri February 25 2022, 04:58 amEnd Voting Period
  • Fri February 25 2022, 05:18 amQueue Proposal
  • Sat February 26 2022, 05:34 amExecute Proposal
Current Results

1-FOR

25.536M

2-AGAINST

N/A Tokens

0%

3-ABSTAIN

N/A Tokens

0%
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