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executedEnds a year ago ยท  Onchain

Set Initial Allowance for sUSDS<>USDT DEX & T4 Vault and Update Range and Fee for GHO-USDC

By 0x059A...bE8210

Summary

This proposal sets the dust allowance limits for the sUSDS<>USDT DEX pool and its corresponding T4 vault. The proposal establishes conservative initial limits to ensure safe operation while maintaining the ability to expand as needed. It updates the upper and lower range percent for GHO-USDC along with its trading fees.

Code Changes

Set dust Allowance for sUSDS<>USDT DEX and T4 Vault

  • DEX Pool 31
    sUSDS<>USDT (Smart Collateral & Smart Debt):

    • Supply Configuration:
      • Base Withdrawal Limit in USD: $8k
    • Borrow Configuration:
      • Base Borrow Limit in USD: $8k
      • Max Borrow Limit in USD: $10k
    • Authorization:
      • Add Team Multisig as DEX auth
  • Vault ID 116
    sUSDS-USDT<>sUSDS-USDT (TYPE 4):

    • Authorization:
      • Add Team Multisig as Vault auth

Update lower & upper range for GHO-USDC and its trading fees

  • DEX Pool 4
    GHO<>USDC
    • Range Percent :

      • Lower Percent : 0.2%
      • Upper Percent : 0.05%
    • Range Shift time : 2 days

    • Updated Trading Fees : 0.01%

Description

The proposal includes the following key actions:

  1. DEX Management:

    • Sets up dust allowance limits for the sUSDS<>USDT DEX pool
      • DEX Pool 31 - sUSDS<>USDT (Smart Collateral & Smart Debt)
    • Configures both supply and borrow limits with conservative initial values
    • Adds Team Multisig as authorized address for DEX management
    • Update lower & upper range and trading fees of
      • DEX Pool 4 - GHO<>USDC (Smart Collateral & Smart Debt)
  2. Vault Management:

    • Sets up authorization for the corresponding T4 vault
      • Vault ID 116 - sUSDS-USDT<>sUSDS-USDT - TYPE 4
    • Adds Team Multisig as authorized address for Vault management

Conclusion

This proposal establishes the initial dust allowance limits for the new sUSDS<>USDT DEX pool and its corresponding T4 vault. The conservative limits ensure safe operation while allowing for future expansion. The addition of Team Multisig as the authorized address for both the DEX and vault enables proper management and oversight of these new liquidity pools.

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Votes 20
VoterCast PowerVote & Rationale
0xa761...834324
1.51M

FOR

0xAa72...c44931
1.191M

FOR

0xA45f...8cea01
1M

FOR

0xe9cC...31aA9F
500,000

FOR

0x4604...6A7329
500,000

FOR

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Proposal Status
  • Mon April 14 2025, 12:14 amPublished Onchain 0x059A...bE8210
  • Tue April 15 2025, 12:20 amVoting Period Starts
  • Thu April 17 2025, 12:34 amEnd Voting Period
  • Thu April 17 2025, 06:13 amQueue Proposal
  • Fri April 18 2025, 01:24 pmExecute Proposal
Current Results

1-FOR

5.059M

2-AGAINST

N/A Tokens

0%

3-ABSTAIN

N/A Tokens

0%
Quorum 5.059M/4M
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