Active

Finalize DSU Reserves


Proposal ID

12

Proposed

Result details
Current Votes

Quorum

339.48M of 200M

Majority support

Yes

For

339.48M

Against

0

Abstain

0

Actions

Type

Address

Details

Custom

0x4d2A...5fec

upgradeAndCall(..)

Custom

Account

0x4d2A...5fec

Method

upgradeAndCall(..)

Custom

0x4Dbd...AB3f

createRetryableTicket(..)

Custom

Account

0x4Dbd...AB3f

Method

createRetryableTicket(..)

Custom

0x25ac...5fA1

sendMessage(..)

Custom

Account

0x25ac...5fA1

Method

sendMessage(..)

Custom

0x866E...0Afa

sendMessage(..)

Custom

Account

0x866E...0Afa

Method

sendMessage(..)

Proposal

Overview

This proposal makes the DSU reserves on Ethereum, Arbitrum, Optimism, and Base permanently redeem-only. It disables new DSU minting and makes each reserve immutable, permanently removing governance's ability to change it.

Holders can continue redeeming existing DSU for USDC at the same one-to-one rate.

Resources

Current Votes

Quorum

339.48M of 200M

Majority support

Yes

For

339.48M

Against

0

Abstain

0

Current Votes
Status

Published onchain

Voting period started

End voting period

Queue proposal

Execute proposal