Executed

Sunset V1-to-V2 Migrator


ID 2

ID 2

Proposed on: Nov 8th, 2022

Proposed on: Nov 8th, 2022

Votes

Actions

Type

Address

Details

Custom

0x443D...13D3

commit(..)

Custom

Account

0x443D...13D3

Method

commit(..)

Custom

0xD05a...Da4B

burnStake(..)

Custom

Account

0xD05a...Da4B

Method

burnStake(..)

Proposal

Motivation

In the past weeks the community has taken a number of steps to help secure the governance process of the Emptyset DAO. Extending the voting period, increasing the quorum, & liquidating the treasury all help secure the governance of the protocol, which in turn reduces risks for protocols utilising DSU within their protocol.

Effect

The migrator as it stands still holds a large portion of the total ESS supply which represents yet-to-be migrated V1 stake. In order to continue to improve the security of the V2 protocol and remove potential governance risks, we propose sunsetting this migration path, which has been open for over a year, and burning all remaining ESS held in the migrator.

Resources

  • Further discussion here.
Votes
Status