Silo

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executedEnded 3 years ago · Onchain

SIP-33 rETH and agEUR Silos. Update IRM for `OHM` asset.

Action 1: Set up price feed for rETH

price provider: BalancerV2PriceProvider

_asset: 0xae78736cd615f374d3085123a210448e74fc6393,
_poolId: 0x1e19cf2d73a72ef1332c882f20534b6519be0276000200000000000000000112

Developers comment

START: setup provider for rETH

Action 2: Choose a price provider for rETH

BalancerV2PriceProvider

The action registers a price provider in the protocol’s repository of price providers.
The Repository manages price providers and maps assets to their price providers.

Action 3: Set up maxLTV/LT on silo rETH for an asset (rETH)

Model contract: InterestRateModel 0x7e9e7ea94e1ff36e216a703d6d66ece356a5fd44
Max Loan to Value (LTV) = 80%
Liquidation Threshold (LT) = 85%

Developers comment

setAssetConfig(silo->rETH)

Action 4: Set up interest rate model for rETH silo and rETH asset

Model name: volatileOpt50Base7

uopt: 500000000000000000,
ucrit: 900000000000000000,
ulow: 300000000000000000,
ki: 146805,
kcrit: 317097919838,
klow: 105699306613,
klin: 4439370878,
beta: 277777777777778,
ri: 0,
Tcrit: 0

Developers comment

setConfig(silo->rETH)

Action 5: Set up maxLTV/LT on silo rETH for an asset (WETH)

Model contract: InterestRateModel 0x7e9e7ea94e1ff36e216a703d6d66ece356a5fd44
Max Loan to Value (LTV) = 80%
Liquidation Threshold (LT) = 85%

Developers comment

setAssetConfig(silo->WETH(bridge))

Action 6: Set up interest rate model for rETH silo and WETH asset

Model name: bridgeETH

uopt: 700000000000000000,
ucrit: 900000000000000000,
ulow: 500000000000000000,
ki: 244674,
kcrit: 317097919838,
klow: 31709791984,
klin: 1358991085,
beta: 277777777777778,
ri: 0,
Tcrit: 0

Developers comment

setConfig(silo->WETH(bridge))

Action 7: Set up maxLTV/LT on silo rETH for an asset (XAI)

Model contract: InterestRateModelXAI 0x64359a0A87B799140Ec74C2eb037E27dD4500A15
Max Loan to Value (LTV) = 85%
Liquidation Threshold (LT) = 90%

Developers comment

setAssetConfig(silo->XAI(bridge))

Action 8: Set up interest rate model for rETH silo and XAI asset

Model name: bridgeXAI

uopt: 800000000000000000,
ucrit: 900000000000000000,
ulow: 500000000000000000,
ki: 183506,
kcrit: 237823439878,
klow: 31709791984,
klin: 1585489599,
beta: 27777777777778,
ri: 0,
Tcrit: 0

Developers comment

setConfig(silo->XAI), FINISH.

Action 9: Set up price feed for agEUR

price provider: UniswapV3PriceProviderV2

_asset: 0x1a7e4e63778b4f12a199c062f3efdd288afcbce8,
_pools: 0x8db1b906d47dfc1d84a87fc49bd0522e285b98b9

Developers comment

START: setup provider for agEUR

Action 10: Choose a price provider for agEUR

UniswapV3PriceProviderV2

The action registers a price provider in the protocol’s repository of price providers.
The Repository manages price providers and maps assets to their price providers.

Action 11: Set up maxLTV/LT on silo agEUR for an asset (agEUR)

Model contract: InterestRateModel 0x7e9e7ea94e1ff36e216a703d6d66ece356a5fd44
Max Loan to Value (LTV) = 85%
Liquidation Threshold (LT) = 90%

Developers comment

setAssetConfig(silo->asset)

Action 12: Set up interest rate model for agEUR silo and agEUR asset

Model name: stableLowCap

uopt: 800000000000000000,
ucrit: 900000000000000000,
ulow: 500000000000000000,
ki: 183506,
kcrit: 237823439878,
klow: 31709791984,
klin: 1585489599,
beta: 27777777777778,
ri: 0,
Tcrit: 0

Developers comment

setConfig(silo->asset)

Action 13: Set up maxLTV/LT on silo agEUR for an asset (WETH)

Model contract: InterestRateModel 0x7e9e7ea94e1ff36e216a703d6d66ece356a5fd44
Max Loan to Value (LTV) = 80%
Liquidation Threshold (LT) = 85%

Developers comment

setAssetConfig(silo->WETH)

Action 14: Set up interest rate model for agEUR silo and WETH asset

Model name: bridgeETH

uopt: 700000000000000000,
ucrit: 900000000000000000,
ulow: 500000000000000000,
ki: 244674,
kcrit: 317097919838,
klow: 31709791984,
klin: 1358991085,
beta: 277777777777778,
ri: 0,
Tcrit: 0

Developers comment

setConfig(silo->wToken)

Action 15: Set up maxLTV/LT on silo agEUR for an asset (XAI)

Model contract: InterestRateModelXAI 0x64359a0A87B799140Ec74C2eb037E27dD4500A15
Max Loan to Value (LTV) = 85%
Liquidation Threshold (LT) = 90%

Developers comment

setAssetConfig(silo->XAI(bridge))

Action 16: Set up interest rate model for agEUR silo and XAI asset

Model name: bridgeXAI

uopt: 800000000000000000,
ucrit: 900000000000000000,
ulow: 500000000000000000,
ki: 183506,
kcrit: 237823439878,
klow: 31709791984,
klin: 1585489599,
beta: 27777777777778,
ri: 0,
Tcrit: 0

Developers comment

setConfig(silo->XAI), FINISH.

Action 17: Set up interest rate model for OHM silo and OHM asset

Model name: volatileOpt50Base7

uopt: 500000000000000000,
ucrit: 900000000000000000,
ulow: 300000000000000000,
ki: 146805,
kcrit: 317097919838,
klow: 105699306613,
klin: 4439370878,
beta: 277777777777778,
ri: 0,
Tcrit: 0

Developers comment

Update interest rate model for OHM

Connect Wallet to Add Note

Votes 5

Voter	Cast Power	Vote & Rationale
0x388d...76a0E6	18.09M	FOR
0x70AD...68AD4C	13.334M	FOR
0xa521...274F4F	9.988M	FOR
0x9b8b...DeFc5c	3.925M	FOR
0xe7DB...cCE3Af	700,000	FOR

VOTE POWER

Connect Wallet

Proposal Status

Tue January 24 2023, 07:49 pmPublished Onchain 0x9c38...38D944
Tue January 24 2023, 07:49 pmVoting Period Starts
Fri January 27 2023, 06:12 pmEnd Voting Period
Fri January 27 2023, 06:18 pmQueue Proposal
Sun January 29 2023, 09:04 pmExecute Proposal

Current Results

1-FOR

46.036M

2-AGAINST

N/A Tokens

3-ABSTAIN

N/A Tokens

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