Executed

SIP1.1: Cross-chain Fleet Deployment Proposal


ID 104147...2704

ID 104147...2704

Proposed on: Mar 7th, 2025

Proposed on: Mar 7th, 2025

Votes

Actions

Type

Address

Details

Custom

0x194f...1624

send(..)

Custom

Account

0x194f...1624

Method

send(..)

Custom

0xBE5A...e9Fa

sendProposalToTargetChain(..)

Custom

Account

0xBE5A...e9Fa

Method

sendProposalToTargetChain(..)

Proposal

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:

  1. Bridge 10,000,000 (10000000000000000000000000 raw) tokens to the target chain
  2. Add Fleet to Harbor Command
  3. Grant COMMANDER_ROLE to Fleet Commander for BufferArk
  4. Add 4 Arks to the Fleet
  5. Grant COMMANDER_ROLE to Fleet Commander for each Ark
  6. Grant CURATOR_ROLE to Curator for the Fleet
  7. 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)
Votes
Status