Executed

Withdraw Treasury iETHv2 and fGHO Balances to Team Multisig to clear outstanding debt accrued after Resolv incident


Proposal ID

129

Proposed

May 15th, 2026

Result details
Final Votes

Quorum

4.25M of 4M

Majority support

Yes

For

4.25M

Against

0

Abstain

0

Actions

Type

Address

Details

Custom

0x2386...1F4c

executePayload(..)

Custom

Account

0x2386...1F4c

Method

executePayload(..)

Proposal

Summary

This proposal performs two Ethereum actions to clear the outstanding debt after the Resolv incident:

  1. Transfers the Treasury DSA's iETHv2 balance to the Team Multisig as iETHv2.
  2. Redeems the Treasury DSA's fGHO position to GHO and sends the GHO to the Team Multisig.

Code Changes

Action 1: Transfer iETHv2 Balance to Team Multisig

  • Uses the BASIC-A connector's withdraw spell with type(uint256).max as the amount, so the Treasury's iETHv2 balance is transferred to the Team Multisig as iETHv2.

Action 2: Redeem fGHO Position to GHO and Send to Team Multisig

  • Uses the BASIC-D-V2 connector's redeem spell with type(uint256).max as the share amount, redeeming the fGHO shares held by the Treasury and sending the resulting GHO to the Team Multisig.

Description

The first action transfers the Treasury's iETHv2 holdings to the Team Multisig as iETHv2.

The second action redeems the Treasury's fGHO position to GHO and sends the GHO to the Team Multisig.

References

Conclusion

IGP-129 moves the Treasury's iETHv2 balance to the Team Multisig and redeems the Treasury's fGHO position to GHO for the Team Multisig for clearing the outstanding debt after the Resolv incident.

Final Votes

Quorum

4.25M of 4M

Majority support

Yes

For

4.25M

Against

0

Abstain

0

Final Votes
Status

Fri May 15, 11:28 pm

Published onchain

Sat May 16, 11:31 pm

Voting period started

Mon May 18, 11:40 pm

Voting period ended

Tue May 19, 04:17 pm

Proposal queued

Mon May 25, 07:30 am

Proposal executed