Executed

Transfer 10k HAI from surplus buffer to keeper treasury


Proposal ID

107955...3113

Proposed

Jan 17th, 2025

Result details
Final Votes

Quorum

31.92K of 8.76K

Majority support

Yes

For

31.92K

Against

0

Abstain

0

Actions

Type

Address

Details

Custom

0x9Ff8...A700

createUnbackedDebt(..)

Custom

Account

0x9Ff8...A700

Method

createUnbackedDebt(..)

Custom

0xa490...Bd10

settleDebt(..)

Custom

Account

0xa490...Bd10

Method

settleDebt(..)

Proposal

Overview

This proposal will transfer 10k HAI from the surplus buffer to the keeper treasury to fund ongoing keeper costs. This will enable us to avoid having to pass more frequent proposals to refill the keeper treasury.

Details

It's not possible to directly transfer funds from the surplus buffer to a destination. We can however do the same thing by creating unbacked debt that is given to the keeper treasury and then immediately settle the unbacked debt with the surplus.

This will result in an increase of the keeper treasury by 10k HAI and a decrease in the surplus buffer by 10k HAI.

The global debt will remain unchanged and we will have moved HAI from the surplus buffer to the keeper treasury.

This proposal will have 2 actions

1. Create 10k HAI in unbacked debt to the accounting engine and send HAI to keeper treasury SAFE (Vault) Engine [Executable Code Function 1]

safeEngine.createUnbackedDebt(
        address(accountingEngine),
        address(stabilityFeeTreasury),
        10000 * RAD
    );

2. Settle the unbacked debt in the accounting engine Accounting Engine [Executable Code Function 2]

accountingEngine.settleDebt(10000 * RAD);

Contracts referenced in this proposal

  1. SAFE (Vault) Engine -0x9Ff826860689483181C5FAc9628fd2F70275A700
  2. Accounting Engine -0xa4900795EbFfadc12790f05f7c4AC42CD765Bd10
Final Votes

Quorum

31.92K of 8.76K

Majority support

Yes

For

31.92K

Against

0

Abstain

0

Final Votes
Status

Fri Jan 17, 02:22 am

Draft created

Fri Jan 17, 02:24 am

Published onchain

Fri Jan 17, 02:24 pm

Voting period started

Sun Jan 19, 02:24 am

Voting period ended

Sun Jan 19, 05:45 am

Proposal queued

Mon Jan 20, 04:09 pm

Proposal executed