Executed

TIP-121a: Consolidation


Proposed by

Proposal ID

393422...1482

Proposed

Aug 25th, 2022

Result details
Final Votes

Quorum

38.81M of 0

Majority support

Yes

For

38.81M

Against

737.04K

Abstain

0

Actions

Type

Address

Details

Custom

0xF799...4A54

setReceivingAddress(..)

Custom

Account

0xF799...4A54

Method

setReceivingAddress(..)

Custom

0xe0f7...Ce20

withdraw(..)

Custom

Account

0xe0f7...Ce20

Method

withdraw(..)

Custom

0x221f...0179

withdrawRatio(..)

Custom

Account

0x221f...0179

Method

withdrawRatio(..)

Custom

0x221f...0179

withdrawWrapETH(..)

Custom

Account

0x221f...0179

Method

withdrawWrapETH(..)

Proposal

TIP-121a: Consolidation

  • Sell 22k WETH to DAI through a 2-day LBP auction on Balancer
  • Sell 18.7M LUSD to DAI through a 2-day LBP auction on Balancer
  • Move all protocol-owned DAI out of Compound
  • Finalize the deprecation of TRIBE buyback contracts
  • Move gOHM to an OTC contract where Olympus can get it back by returning TRIBE (FIP-108)
  • Withdraw as much as possible protocol FEI when liquidity available from various PCV deployments
Final Votes

Quorum

38.81M of 0

Majority support

Yes

For

38.81M

Against

737.04K

Abstain

0

Final Votes
Status

Thu Aug 25, 10:59 pm

Published onchain

Wed Sep 7, 06:01 pm

Voting period started

Fri Sep 9, 01:21 pm

Voting period ended

Sun Aug 28, 01:09 am

Proposal queued

Mon Aug 29, 01:25 am

Proposal executed