closedEnded 2 years ago · Snapshot (Offchain)
Balance Submission Guardrail (RPIP-61)
By 0x87D9...9992e0Continue Reading
RPIP-61 limits how much the oDAO can change the rETH exhange rate.
Outcome If Vote Passes
The pDAO asks the development team to include RPIP-61 in the next major smart contract release.
Rationale
Currently, the oDAO can change rETH exchange rate arbitrarily within one block. This exposes rETH holders to unnecessary risk. In the worst case, a compromised oDAO can make rETH worthless for any holder and extract any ETH available. During normal operation, the rETH exchange rate doesn’t need to change a lot. This proposal aims to reduce oDAO trust by introducing a sensible limit that doesn’t interfere with legitimate use of balance updates and minimizes impact from illegitimate use.
Context
Connect Wallet to Add Note
0Votes 135
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
 0x2600...96649E | 2,288 | For |
 0xD16d...41643d | 2,026 | For |
 0xBb2b...c8D080 | 1,582 | For |
 0x3084...ee8fA7 | 1,271 | For |
 0x5061...908086 | 1,256 | For |
VOTE POWER
0
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Proposal Status
- Thu August 08 2024, 10:34 amVoting Period Starts
- Thu August 22 2024, 10:34 amEnd Voting Period
Current Results
1-For
21,168.444
2-Abstain
784.137
3-Against
560.523
Quorum 22,513.103/14,337