FIP-55: PCV Guardian
Forum
https://tribe.fei.money/t/fip-55-pcv-guardian/3744
Summary:
Introduce the PCV Guardian which can move PCV only to governance whitelisted locations.
Motivation:
Governance takes multiple days to act and is extremely public. In the event of an issue where assets need to be moved quickly, there is no way to do so.
Giving PCV control to the existing Guardian multisig alone would be a huge risk and trust in the Guardian to not be malicious. Contracts should be used instead to minimize trust.
Proposal:
Create a contract which can move PCV only to safe locations, namely other PCV deposits that are particularly low risk.
This would help save assets in the event of a hack or extreme market conditions if Fei Protocol has a heads up.
Voting Rules
Non-binding signal vote with 10M TRIBE quorum. There are two options:
- Yes, add PCV Guardian
- No PCV Guardian
If yes wins, it will be submitted for on-chain governance
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
 0x70b6...ddeCA9 | 5.114M | Yes, add PCV Guardian |
 0x458c...21730E | 3.5M | Yes, add PCV Guardian |
 0x6ef7...5C6148 | 3M | Yes, add PCV Guardian |
 0x7E74...6001D2 | 2.509M | Yes, add PCV Guardian |
 0xC64E...A5a484 | 2.5M | Yes, add PCV Guardian |
VOTE POWER
Proposal Status
- Mon December 06 2021, 02:00 amVoting Period Starts
- Wed December 08 2021, 02:00 amEnd Voting Period
Current Results
1-Yes, add PCV Guardian
22.826M