[GIP-207] Mellow feeds & adapters upgrade
Author
desnake
Summary
As described in GIP-201, Mellow vaults migration made it incompatible with previously used price feeds & deposit adapters. Now the migration is done and itโs proposed to deploy upgraded integration contracts.
Itโs also proposed do add new liquidity sources for Mellow LRTs.
Price oracle
-
rstETH (0x7a4EffD87C2f3C55CA251080b1343b605f327E3a)
- Main: ERC4626 oracle of 0x7a4EffD87C2f3C55CA251080b1343b605f327E3a using existing โMain wstETHโ (0x3cC17FF3CA71Ebf43bF108336cC9158995f0c51B) as underlying
- Reserve: Redstone wstETH/USD (https://app.redstone.finance/app/token/wstETH/)
-
Re7LRT (0x84631c0d0081FDe56DeB72F6DE77abBbF6A9f93a)
- Main: ERC4626 oracle of 0x84631c0d0081FDe56DeB72F6DE77abBbF6A9f93a using existing โMain wstETHโ (0x3cC17FF3CA71Ebf43bF108336cC9158995f0c51B) as underlying
- Reserve: Redstone wstETH/USD (https://app.redstone.finance/app/token/wstETH/)
-
pzETH (0x8c9532a60E0E7C6BbD2B2c1303F63aCE1c3E9811)
- Main: ERC4626 oracle of 0x8c9532a60E0E7C6BbD2B2c1303F63aCE1c3E9811 using existing โMain wstETHโ (0x3cC17FF3CA71Ebf43bF108336cC9158995f0c51B) as underlying
- Reserve: Redstone wstETH/USD (https://app.redstone.finance/app/token/wstETH/)
-
amphrETH (0x5fD13359Ba15A84B76f7F87568309040176167cd)
- Main: ERC4626 oracle of 0x5fD13359Ba15A84B76f7F87568309040176167cd using existing โMain wstETHโ (0x3cC17FF3CA71Ebf43bF108336cC9158995f0c51B) as underlying
- Reserve: Redstone wstETH/USD (https://app.redstone.finance/app/token/wstETH/)
-
steakETH (0xBEEF69Ac7870777598A04B2bd4771c71212E6aBc)
- Main: ERC4626 oracle of 0xBEEF69Ac7870777598A04B2bd4771c71212E6aBc using existing โMain wstETHโ (0x3cC17FF3CA71Ebf43bF108336cC9158995f0c51B) as underlying
- Reserve: Redstone wstETH/USD (https://app.redstone.finance/app/token/wstETH/)
Compatibility (zero price feed):
- Curve stable ng pzETH/wstETH (0xcec99cff3632cf1f16652cc5b1e80eb08be25983)
Trade WETH v3 Pool
Increase quota limits to match existing level of dex liquidity:
| Asset | pzETH | Re7LRT | amphrETH |
|---|---|---|---|
| Quota Limit | 1000 | 400 | 700 |
Add new quoted token (compatibility: quotaLimit = 0; minRate = 0.01%; maxRate = 0.01%):
- Curve stable ng pzETH/wstETH (0xcec99cff3632cf1f16652cc5b1e80eb08be25983)
Restaking WETH CM
Add new collateral token (compatibility: LT = 0):
- Curve stable ng pzETH/wstETH (0xcec99cff3632cf1f16652cc5b1e80eb08be25983)
Adapter list:
-
ERC4626 deposit adapter for rstETH (0x7a4EffD87C2f3C55CA251080b1343b605f327E3a)
-
ERC4626 deposit adapter for Re7LRT (0x84631c0d0081FDe56DeB72F6DE77abBbF6A9f93a)
-
ERC4626 deposit adapter for pzETH (0x8c9532a60E0E7C6BbD2B2c1303F63aCE1c3E9811)
-
ERC4626 deposit adapter for amphrETH (0x5fD13359Ba15A84B76f7F87568309040176167cd)
-
ERC4626 deposit adapter for rstETH (0xBEEF69Ac7870777598A04B2bd4771c71212E6aBc)
-
Curve stable ng pzETH/wstETH (0xcec99cff3632cf1f16652cc5b1e80eb08be25983)
Disallow the balancer pool with id: 0x4216d5900a6109bba48418b5e2ab6cc4e61cf4770000000000000000000006a1 due to its incompatibility with new Mellow oracles.
Transaction log
Txn log can be found here Md5 checksum is 0be47b801f713f80f868f9289050f3f3
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
0xf3D4...49d89E | 59.051M | For |
0x6D52...ceA2d7 | 51.894M | For |
0xAa16...056c17 | 40M | For |
0xdAb4...40a38D | 29.231M | For |
0x3372...02bb8a | 20M | For |
VOTE POWER
Proposal Status
- Wed February 05 2025, 03:23 pmVoting Period Starts
- Sat February 08 2025, 03:23 pmEnd Voting Period
Current Results
1-For
223.894M
