Summary
This proposal sets $50k Liquidity Layer withdrawal and borrow limits for ETH, USDC, USDT and WBTC on the new DexV2 proxy and Money Market proxy on Ethereum, ahead of the DexV2 private beta. It also collects the Liquidity Layer's uncollected USDC, USDT and ETH revenue into the Fluid Reserve and sends the Fluid Foundation's $350k/month October grant tranche (90,000 USDC + 80,000 USDT + 62 ETH + 13 stETH, ~$350k).
Code Changes
Action 1: Liquidity Layer Limits for the DexV2 and Money Market Proxies
The Liquidity Layer only accepts configs for addresses with code; both proxies are deployed on Ethereum.
For each proxy and each of ETH, USDC, USDT and WBTC:
| Side | Mode | Expand | Duration | Base | Max |
|---|
| Supply (withdrawal limit) | with interest | 20% | 12h | $50k | - |
| Borrow (debt ceiling) | with interest | 20% | 12h | $50k | $50k |
Token amounts use the same prices as the grant below: 7-day average (CoinGecko hourly, 14-21 Oct 2026), ETH ~$2,420 and WBTC ~$81,800, stablecoins $1.
Action 2: Collect Revenue and Send the Foundation's October Grant
collectRevenue on the Liquidity Layer for USDC, USDT and ETH into the Fluid Reserve.withdrawFunds from the Fluid Reserve to the Fluid Foundation (0xde0377eF25aD02dBcFbc87D632E46bf1972A0Dc3), memo "FOUNDATION GRANT":
| Token | Amount | ~USD |
|---|
| USDC | 90,000 | ~$90k |
| USDT | 80,000 | ~$80k |
| ETH | 62 | ~$150k |
| stETH | 13 | ~$31k |
| Total | | ~$350k |
ETH and stETH are valued at their 7-day average price (CoinGecko hourly, 14-21 Oct 2026): ETH and stETH ~$2,420. Amounts are fixed in token terms; any excess revenue stays in the Reserve.
Description
- DexV2 / Money Market: gives the DexV2 and Money Market proxies their initial Liquidity Layer limits for the private beta. The limits expand by 20% every 12 hours up to the $50k borrow ceiling.
- Foundation grant: the October tranche of the $350,000/month grant approved in IGP-139.
Conclusion
IGP-141 sets $50k Liquidity Layer withdrawal and borrow limits for ETH, USDC, USDT and WBTC on the DexV2 and Money Market proxies, and sends the Fluid Foundation's ~$350k October grant tranche from the Fluid Reserve, funded by its existing holdings plus the Liquidity Layer revenue collected in the same transaction.
