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closedEnded 2 years ago ยท Snapshot (Offchain)

[GIP-115] Additional configuration to onboard ezETH to Arbitrum

By 0xb9b7...6CceeA

This proposal aims to clarify some parameters that were accidentally omitted in GIP-97 (specifically the part about ezETH on Arbitrum).

Overview

ezETH now has a sufficient amount liquidity on Arbitrum (~500 ETH across Balancer and Camelot pools) to finally fully onboard the asset to the WETH Tier 1 Credit Manager.

Unfortunately, GIP-97 did not specify the LT of the asset, which now blocks the deployment. Therefore, we propose several actions to finalize this:

  1. Add ezETH with LT = 90 to WETH Tier 1 Credit Manager
  2. Replace the current ezETH Main price feed from composite feed based on Redstone to one based on Chainlink. The Redstone composite price feed will be moved to reserve, which will enable partial withdrawals for this asset;

Additionally, Balancer ezETH/wstETH and Camelot V3 ezETH/WETH pools will be added to the CM, which was authorized by GIP-97.

Transaction list

Human-readable transaction log can be found here. MD5 checksum: 1e257a143a8a7156eb3d6d786fdb94ce

Voting

Simple approve / reject

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0
Votes 34
VoterCast PowerVote & Rationale
0xC4CA...43153B
71.795M

Approve

0x6D52...ceA2d7
63.173M

Approve

0xb9b7...6CceeA
43.504M

Approve

0xAa16...056c17
40M

Approve

0xf3D4...49d89E
34.802M

Approve

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Proposal Status
  • Fri April 05 2024, 08:30 amVoting Period Starts
  • Mon April 08 2024, 08:30 amEnd Voting Period
Current Results

1-Approve

279.055M

Quorum 279.055M/200M
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