Summary
This is a cross-chain governance proposal to activate the LazyVault_LowerRisk_USDC Fleet on arbitrum.
Motivation
This cross-chain fleet deployment will expand the protocol's capabilities across multiple networks.
Technical Details
- Hub Chain: base (Production)
- Target Chain: arbitrum
- Fleet Commander: 0x4F63cfEa7458221CB3a0EEE2F31F7424Ad34bb58
- Buffer Ark: 0xbb79242B9518F450cDe8eb957E15c38ab09B1419
- Number of Arks: 4
- Curator: 0xa16f07B4Dd32250DEc69C63eCd0aef6CD6096d3d
Token Bridge
- Amount: 10,000,000 tokens (10000000000000000000000000 raw)
- Destination: Arbitrum - Treasury (SummerTimelock) 0x447BF9d1485ABDc4C1778025DfdfbE8b894C3796
Specifications
Actions
This proposal will execute the following actions on arbitrum:
- Bridge 10,000,000 (10000000000000000000000000 raw) tokens to the target chain
- Add Fleet to Harbor Command
- Grant COMMANDER_ROLE to Fleet Commander for BufferArk
- Add 4 Arks to the Fleet
- Grant COMMANDER_ROLE to Fleet Commander for each Ark
- Grant CURATOR_ROLE to Curator for the Fleet
- Set up rewards for 1 tokens
Cross-chain Mechanism
This proposal uses LayerZero to execute governance actions across chains.
Fleet Configuration
- Deposit Cap: 0 (0 raw)
- Initial Minimum Buffer Balance: 100 (100000000 raw)
- Initial Rebalance Cooldown: 10 minutes (600 seconds)
- Initial Tip Rate: 1% (10000000000000000 raw)
Rewards Configuration
- Reward Tokens: 0x194f360D130F2393a5E9F3117A6a1B78aBEa1624
- Reward Amounts: 1,537,243 tokens (1537243000000000000000000)
- Rewards Duration: 57 days (4924800 seconds)