This proposal aims to execute a Gas Refunds distribution for Epoch 35, targeting users staking seVLR.

Total Refunds for distribution:

75147.515267150883288018 VLR

Total Refunds for distribution for Ethereum: 49459.698181183632483684 VLR Merkle tree root hash: 0x0b091b4549b1afb801432c5b696bbcbfa537fffd5b9d67cb2152e00b22ea9f70

Total Refunds for distribution for Optimism: 3960.238113503060474322 VLR Merkle tree root hash: 0xf65f46efc2704e6d07ea14e026589ce97ff08daba65fdae99c86e5cb10fbdf4c

Total Refunds for distribution for Base: 21727.578972464190330012 VLR Merkle tree root hash: 0xa35acad3e055d18ebac69ea51400c3363e9a3073e6f22119411889878f7ee258

Distribution files:

• IPFS Folder for Epoch 35 Gas Refund Distribution

Note: Gas Refund Epoch is equal to 65 due to legacy Gas Refund distributions pre PSP 2.0.

Transaction Details

If this proposal is approved it will perform 2 actions on each chain, ETH Mainnet and OP Mainnet (see next section for Base Mainnet’s transactions details):

1. Approve VLR to be used by distributor contract
2. Transfer and update merkle tree root hash a. Transfer VLR to distributor contract b. Update merkle tree root hash

Base Manual Transactions

The following transactions correspond to the Base chain (chain ID 8453) and will be executed manually for this epoch:

Safe Address: 0x65136b3E4f012e4c13Aff0926091E2eadCFEdB42
Chain ID: 8453 (Base)

1️⃣ Approve VLR for Distributor contract (MerkleRedeem)

• Contract: 0x4e107a0000DB66f0E9Fd2039288Bf811dD1f9c74 (VLR)
• Method: approve(address spender, uint256 amount)
• Inputs:
  • spender: 0x3399E676cdF93F47993ad2921624f8568dF03a84
  • amount: 21727.578972464190330012 VLR (21727578972464190330012 wei)
• Raw data: 0x095ea7b30000000000000000000000003399e676cdf93f47993ad2921624f8568df03a84000000000000000000000000000000000000000000000499dabb05cf1ee8149c

2️⃣ Update Merkle Root and Transfer Refunds

• Contract: 0x3399E676cdF93F47993ad2921624f8568dF03a84
• Method: seedAllocations(uint256 _week, bytes32 _merkleRoot, uint256 _totalAllocations)
• Inputs:
  • _week: 65
  • _merkleRoot: 0xa35acad3e055d18ebac69ea51400c3363e9a3073e6f22119411889878f7ee258
  • _totalAllocation: 21727.578972464190330012 VLR (21727578972464190330012 wei)
• Raw data: 0x4cd488ab0000000000000000000000000000000000000000000000000000000000000041a35acad3e055d18ebac69ea51400c3363e9a3073e6f22119411889878f7ee258000000000000000000000000000000000000000000000499dabb05cf1ee8149c

⚠️ Additional Note

Transactions on Base will be executed manually for now, as the oSnap plugin is not yet fully operational to support automatic execution on the Base chain. The oSnap team is actively working on it, and we expect to begin usage starting with the next epoch. At that point, Base distributions will be executed automatically, in line with the other chains.

Verification Tool

We’ve launched a new app that allows anyone to verify the integrity of the Refunds calculation. With this tool, you can:

• Recalculate the Merkle tree root hash using the published refunds file to ensure the data hasn’t been tampered with.
• Verify the refund data for any specific account, ensuring it matches what’s included in the distribution.

Useful links:

• Verification app
• Step-by-step guide and open-source code