Executed

TIP-121c: veBAL OTC with Aave Companies


ID 627007...4639

ID 627007...4639

Proposed on: Oct 5th, 2022

Proposed on: Oct 5th, 2022

Votes

Actions

Type

Address

Details

Custom

0x8d5E...d7b9

grantRole(..)

Custom

Account

0x8d5E...d7b9

Method

grantRole(..)

Custom

0x8d5E...d7b9

grantRole(..)

Custom

Account

0x8d5E...d7b9

Method

grantRole(..)

Custom

0x8d5E...d7b9

grantRole(..)

Custom

Account

0x8d5E...d7b9

Method

grantRole(..)

Custom

0x8d5E...d7b9

grantRole(..)

Custom

Account

0x8d5E...d7b9

Method

grantRole(..)

Custom

0xf8c2...704A

upgrade(..)

Custom

Account

0xf8c2...704A

Method

upgrade(..)

Custom

0x6697...09E2

_initialize(..)

Custom

Account

0x6697...09E2

Method

_initialize(..)

Custom

0xf8c2...704A

changeProxyAdmin(..)

Custom

Account

0xf8c2...704A

Method

changeProxyAdmin(..)

Custom

0xFF6f...d257

addDeposit(..)

Custom

Account

0xFF6f...d257

Method

addDeposit(..)

Custom

0xFF6f...d257

removeDeposits(..)

Custom

Account

0xFF6f...d257

Method

removeDeposits(..)

Custom

0x8d5E...d7b9

grantMinter(..)

Custom

Account

0x8d5E...d7b9

Method

grantMinter(..)

Custom

0x956F...87CA

mint(..)

Custom

Account

0x956F...87CA

Method

mint(..)

Custom

0x956F...87CA

approve(..)

Custom

Account

0x956F...87CA

Method

approve(..)

Custom

0x7842...49ce

redeem(..)

Custom

Account

0x7842...49ce

Method

redeem(..)

Custom

0x8d5E...d7b9

revokeMinter(..)

Custom

Account

0x8d5E...d7b9

Method

revokeMinter(..)

Custom

0xF799...4A54

pause(..)

Custom

Account

0xF799...4A54

Method

pause(..)

Custom

0xFF6f...d257

setOracle(..)

Custom

Account

0xFF6f...d257

Method

setOracle(..)

Custom

0x8d5E...d7b9

revokeRole(..)

Custom

Account

0x8d5E...d7b9

Method

revokeRole(..)

Custom

0x8d5E...d7b9

revokeRole(..)

Custom

Account

0x8d5E...d7b9

Method

revokeRole(..)

Custom

0x8d5E...d7b9

revokeRole(..)

Custom

Account

0x8d5E...d7b9

Method

revokeRole(..)

Custom

0x8d5E...d7b9

revokeRole(..)

Custom

Account

0x8d5E...d7b9

Method

revokeRole(..)

Custom

0x8d5E...d7b9

revokeRole(..)

Custom

Account

0x8d5E...d7b9

Method

revokeRole(..)

Custom

0x8d5E...d7b9

revokeRole(..)

Custom

Account

0x8d5E...d7b9

Method

revokeRole(..)

Custom

0x8d5E...d7b9

revokeRole(..)

Custom

Account

0x8d5E...d7b9

Method

revokeRole(..)

Custom

0x8d5E...d7b9

revokeRole(..)

Custom

Account

0x8d5E...d7b9

Method

revokeRole(..)

Custom

0x8d5E...d7b9

revokeRole(..)

Custom

Account

0x8d5E...d7b9

Method

revokeRole(..)

Custom

0xe0C7...6d7a

revokeRole(..)

Custom

Account

0xe0C7...6d7a

Method

revokeRole(..)

Custom

0x8d5E...d7b9

revokeRole(..)

Custom

Account

0x8d5E...d7b9

Method

revokeRole(..)

Custom

0x9CC4...2491

withdraw(..)

Custom

Account

0x9CC4...2491

Method

withdraw(..)

Proposal

TIP-121c: veBAL OTC with Aave Companies

This proposal sets up the protocol to transfer 112k veBAL to Aave Companies for OTC trade.

Aave Companies will send 1,000,000 DAI to be escrowed on a 2/3 multisig with Aave Companies, Balancer DAO, and Tribe DAO (with eswak.eth as the designated representative).

In addition, the proposal moves 1M DAI from the FEI PSM to the escrow multisig to be sent to the TRIBE Redeemer.

After the Aave Companies team confirms they can properly use the veBAL-holding smart contracts, the 2/3 multisig will transfer 1M DAI to the TRIBE Redeemer, giving TRIBE holders access to the optimal amount of excess PCV for redemptions.

After the DAO Vote to disable governance, the final 1M DAI from Aave Companies would be sent back to the FEI PSM from the ⅔ Multisig.

Lastly, the proposal further cleans up unused roles in the system and performs maintenance on the collateralization oracle so that it is in the most up to date state.

Votes
Status