Executed

V2 contracts initialization and params setup


Proposed by

Proposal ID

904464...5688

Proposed

Dec 4th, 2024

Result details
Final Votes

Quorum

40.5M of 26.76M

Majority support

Yes

For

40.5M

Against

0

Abstain

0

Actions

Type

Address

Details

Custom

0xd5D1...Be83

grantRole(..)

Custom

Account

0xd5D1...Be83

Method

grantRole(..)

Custom

0x084C...f117

initialize(..)

Custom

Account

0x084C...f117

Method

initialize(..)

Custom

0x4200...0006

transfer(..)

Custom

Account

0x4200...0006

Method

transfer(..)

Proposal

Over the last few months some contracts have been developed and updated to enable new protocol features and capabilities. These contracts have finally been deployed on chain. This ballot is dedicated to activating them, granting the necessary roles and setting the initial parameters.

The following contracts have been deployed

- RewardDistributorV2 (new prize splits, bumper pot, fixed draw time);

https://basescan.org/address/0x3688bcabf06a8d8ee4447ab1c045d67407881ea3

- PythVrfProvider (new random numbers generator, because old one will be sunset from next year by 3rd party service provider);

https://basescan.org/address/0xc256ba692031fa2f6816e15c42709f8bb19aa908

- TradeFeeCallback (nothing changed, but need to redeploy because of new RewardDistributorV2);

https://basescan.org/address/0x7b65b466a7c2caf4cc760c31c5606651d7ed2b96

- BoostManager (Stake/Airdrop functionality for IFTs). This functionality is disabled for now and another Tally vote should be initiated by DAO later to enable it and send funds to contract for airdrop campaign;

https://basescan.org/address/0xeeefe02e2028780adb63d63a7bad0ad0896a1713

- NftDistributorV2 (updated to support staking/airdropping);

https://basescan.org/address/0x217a476982447758b8b3d1e058e54202d48ab92d

- PickCallbackV2 (updated to automate distribution of prize, IFTs and airdrops);

https://basescan.org/address/0xb03f595a68dd405231b27d74435a5b3fb88ed8bb

- ExclusionAutomator (nothing changed, but need to redeploy);

https://basescan.org/address/0x7c627da47d142fb5010c83a39a6fd2448058d48c

- TicketAutomator (need to redeploy and minor bugfix);

https://basescan.org/address/0x844581ccc136159fe5f0e19c38692586fac712d3

- IntV2Initializer (contract owned by DAO to initialize everything at once, update roles, clone state variables between contracts and set initial parameters such as prize split/odds and fixed weekly draw time).

https://basescan.org/address/0x084c33cbbfa645d9723c6f448ad5015fb418f117

On execution of this Tally vote the following lottery parameters will be set.

Weekly lottery

- fixed draw time: Friday 15:00 GMT;

- WETH split for treasury: 10%

- WETH split for airdrops and other rewards: 10%

- WETH split for bumper: 30%

- remaining WETH (50%) goes to weekly draw winner;

- INT split for treasury: 0

- INT split for winner: 0

- remaining INT (100%) will be burned each week;

Bumper prize

- WETH split for winner: 70%

- other enabled tokens from bumper 100% goes to winner. (There is option to provide other tokens for bumper as well like INT etc.);

- Bumper hit odds: 50% for first hit and 10% after. (Higher odds and small prize for first round to check everything works out smoothly before committing larger funds);

- Bumper seed: 1 ETH and 1M INT for testing phase, 5 ETH + 5M INT after for additional 4 hits (total 20 ETH + 20M INT);

Final Votes

Quorum

40.5M of 26.76M

Majority support

Yes

For

40.5M

Against

0

Abstain

0

Final Votes
Status

Wed Dec 4, 01:14 pm

Draft created

Wed Dec 4, 01:16 pm

Published onchain

Thu Dec 5, 01:16 pm

Voting period started

Wed Dec 11, 01:16 pm

Voting period ended

Wed Dec 11, 01:22 pm

Proposal queued

Thu Dec 12, 01:23 pm

Proposal executed