executedEnded 2 years ago · Onchain
Transferring weETH to Zircuit for additional yield
By 0x23cf...dDED71Continue Reading
Summary:
This proposal outlines the steps for transferring wrapped Ether.fi ETH (weETH) to Zircuit to acquire Zircuit points boost, enhancing rewards for participants of the weETH/wstETH vault.
Code Changes:
- Removed Old User Module from Liquidity Infinite Proxy Contract: 0xfB45BC79e01b4e92706412A54e011db251104C74
- Add New User Module to Liquidity Infinite Proxy: 0x968738c127f91b560bD614487F859999D5D02d9c
- Add New weETH Transfer Module to Liquidity Infinite Proxy: 0xaD99E8416f505aCE0A087C5dAB7214F15aE3D1d1
- Call weETH Transfer Module depositing into Zircuit
Reason:
The proposal aims to streamline and optimize the utility of weETH within the Instadapp ecosystem by transferring it to Zircuit, thereby adding additional points and yield to weETH vault users. weETH transferred to the Zircuit staking contract will obtain a 1.5X boost on Zircuit points.
Result:
This proposal moves weETH liquidity into the Zircuit contracts to gain Zircuit points, further improving the vault’s market competitiveness.
Connect Wallet to Add Note
0Votes 8
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
 0xa761...834324 | 1.51M | FOR |
 0xAa72...c44931 | 1.191M | FOR |
 0xA45f...8cea01 | 1M | FOR |
 0x4604...6A7329 | 500,000 | FOR |
 StableLab | 250,094 | AGAINST |
VOTE POWER
0
Connect Wallet
Proposal Status
- Mon April 22 2024, 12:43 pmVoting Period Starts
- Wed April 24 2024, 01:04 pmEnd Voting Period
- Wed April 24 2024, 01:16 pmQueue Proposal
- Thu April 25 2024, 01:18 pmExecute Proposal
Current Results
1-FOR
4.201M
2-AGAINST
250,093.88
3-ABSTAIN
N/A Tokens
Quorum 4.451M/4M