Summary

This proposal performs four Ethereum actions: (1) collects accrued protocol revenue across 22 tokens from the Liquidity Layer into the Reserve Contract and withdraws nearly all of those balances to Team Multisig via Reserve withdrawFunds to clear outstanding debt accrued after the Resolv incident; (2) sets dust limits and Team Multisig auth on the new PST ecosystem (PST-USDC DEX id 45 and vaults 165–169); (3) raises Fluid Lite ETH (iETHv2) max risk ratio on Aave V3 to 94% and Spark to 92%; (4) raises the stETH redemption protocol ETH borrow limit on the Liquidity Layer to 20,000 ETH and max LTV to 97%.

Code Changes

Action 1: Collect Revenue and Withdraw to Team Multisig

• Revenue collection: LIQUIDITY.collectRevenue across 22 tokens.
• Tokens: USDC, ETH, USDT, wstETH, cbBTC, GHO, USDe, WBTC, weETH, syrupUSDC, sUSDe, XAUT, USDtb, PAXG, rsETH, ezETH, RLP, reUSD, USD0, eBTC, lBTC, fxUSD
• Withdraw: IFluidReserveContractV2.withdrawFunds on the Reserve (0x264786EF916af64a1DB19F513F24a3681734ce92) — nearly full balance per token minus operational dust (-10 for 6/8-decimal tokens, -0.1 ether for 18-decimal tokens and native ETH).
• Recipient: Team Multisig (0x4F6F977aCDD1177DCD81aB83074855EcB9C2D49e)
• Reason tag: "RESOLV CLEANUP" (Reserve V2 audit string)
• Purpose: Apply proceeds toward clearing outstanding debt accrued after the Resolv incident.

Action 2: PST Ecosystem Dust Limits + Team Multisig Auth

Assumes PST deployments receive ids 165–169 (vaults) and 45 (PST-USDC DEX) when batches execute in order. PST token: 0x22aE3D9a738471f405169Af055d31c687087d4c7.

Vault auth is set via VaultFactoryOwner (FLUID_VAULT_FACTORY_OWNER, 0xB031913cB7AD81b8A4Ba412B471c2dA69BEA410B). DEX auth via DEX_FACTORY.

All five vaults and DEX 45 grant Team Multisig auth.

Action 3: Raise Fluid Lite ETH (iETHv2) Max Risk Ratios

• Aave V3 (protocol id 2): max risk ratio → 94% (94 * 1e4)
• Spark (protocol id 7): max risk ratio → 92% (92 * 1e4)

Action 4: Raise stETH Redemption Protocol Limits

• Protocol: 0x1F6B2bFDd5D1e6AdE7B17027ff5300419a56Ad6b
• ETH borrow limit (Liquidity Layer): 20,000 ETH base ceiling (getRawAmount(ETH, 20_000 ether, …)); max ceiling base * 1001 / 1000; expandPercent = 0, expandDuration = 1
• Max LTV: 97% via setMaxLTV(97 * 1e2)

Description

Following the recent Resolv incident, Fluid was left with outstanding debt that needs to be cleared. This proposal sources the cleanup funds from accrued Liquidity Layer revenue.

Action 1 collects accumulated protocol revenue across 22 tokens into the Reserve Contract and withdraws nearly all balances to Team Multisig (minimal dust retained), tagged "RESOLV CLEANUP" on the Reserve V2 withdraw, to clear outstanding debt accrued after the Resolv incident.

Action 2 launches the PST ecosystem at dust scale: limits on vaults 165–169 and PST-USDC DEX 45, with Team Multisig auth on each (vault auth through VaultFactoryOwner; DEX auth through DexFactory).

Action 3 raises iETHv2 per-protocol max risk ratios on Aave V3 (94%) and Spark (92%).

Action 4 doubles stETH redemption protocol ETH borrow capacity to 20,000 ETH and raises max LTV to 97%.

Conclusion

IGP-130 (1) collects Liquidity Layer revenue across 22 tokens and forwards it to Team Multisig to clear outstanding debt accrued after the Resolv incident, (2) launches the PST ecosystem (DEX 45, vaults 165–169) with conservative dust limits and Team Multisig auth, (3) raises Lite ETH max risk ratios on Aave V3 (94%) and Spark (92%), and (4) expands stETH redemption to 20,000 ETH borrow and 97% max LTV.