RIP-27: Withdraw fees, sell to ETH for deployment
Summary: There is ~$20k within the fees accumulated between the various different yield aggregators. I propose that we withdraw it and liquidate it into ETH for deployment costs.
Background: The fees are as follows (dated as of a few days ago): $9147 in stable pool $2149 in yield pool 4.1573 ETH in ETH pool
Abstract: It is really expensive to deploy onto Ethereum. I propose that we liquidate the fees into ETH and forward it to a multi-sig controlled by Jai, Jack & David that will facilitate all of the protocol upgrades.
Motivation: Being able to not worry about funds while deploying onto Ethereum. To date, we’ve frequently been paying out of pocket.
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
 0xf9c1...7D6eb3 | 71,945 | Withdraw and liquidate |
 0x5C7c...59E31C | 40,629 | Withdraw and liquidate |
 0xbAA3...242a19 | 7,397 | Withdraw and liquidate |
 0x47F8...F86c4d | 5,861 | Withdraw and liquidate |
 0x1617...711D0D | 4,650 | Withdraw and liquidate |
VOTE POWER
Proposal Status
- Tue April 27 2021, 07:00 pmVoting Period Starts
- Thu April 29 2021, 07:00 pmEnd Voting Period
Current Results
1-Withdraw and liquidate
147,925.032