Executed

SIP-33 rETH and agEUR Silos. Update IRM for `OHM` asset.


Proposal ID

805421...6581

Proposed

Jan 24th, 2023

Result details
Final Votes

Quorum

46.04M of 0

Majority support

Yes

For

46.04M

Against

0

Abstain

0

Actions

Type

Address

Details

Custom

0x2F1a...5EEd

setupAsset(..)

Custom

Account

0x2F1a...5EEd

Method

setupAsset(..)

Custom

0x7C2c...029F

setPriceProviderForAsset(..)

Custom

Account

0x7C2c...029F

Method

setPriceProviderForAsset(..)

Custom

0xd998...309d

setAssetConfig(..)

Custom

Account

0xd998...309d

Method

setAssetConfig(..)

Custom

0x7e9e...fd44

setConfig(..)

Custom

Account

0x7e9e...fd44

Method

setConfig(..)

Proposal

Action 1: Set up price feed for rETH

price provider: BalancerV2PriceProvider

_asset: 0xae78736cd615f374d3085123a210448e74fc6393,
_poolId: 0x1e19cf2d73a72ef1332c882f20534b6519be0276000200000000000000000112

Developers comment

START: setup provider for rETH

Action 2: Choose a price provider for rETH

BalancerV2PriceProvider

The action registers a price provider in the protocol's repository of price providers.
The Repository manages price providers and maps assets to their price providers.

Action 3: Set up maxLTV/LT on silo rETH for an asset (rETH)

Model contract: InterestRateModel 0x7e9e7ea94e1ff36e216a703d6d66ece356a5fd44
Max Loan to Value (LTV) = 80%
Liquidation Threshold (LT) = 85%

Developers comment

setAssetConfig(silo->rETH)

Action 4: Set up interest rate model for rETH silo and rETH asset

Model name: volatileOpt50Base7

  1. uopt: 500000000000000000,
  2. ucrit: 900000000000000000,
  3. ulow: 300000000000000000,
  4. ki: 146805,
  5. kcrit: 317097919838,
  6. klow: 105699306613,
  7. klin: 4439370878,
  8. beta: 277777777777778,
  9. ri: 0,
  10. Tcrit: 0

Developers comment

setConfig(silo->rETH)

Action 5: Set up maxLTV/LT on silo rETH for an asset (WETH)

Model contract: InterestRateModel 0x7e9e7ea94e1ff36e216a703d6d66ece356a5fd44
Max Loan to Value (LTV) = 80%
Liquidation Threshold (LT) = 85%

Developers comment

setAssetConfig(silo->WETH(bridge))

Action 6: Set up interest rate model for rETH silo and WETH asset

Model name: bridgeETH

  1. uopt: 700000000000000000,
  2. ucrit: 900000000000000000,
  3. ulow: 500000000000000000,
  4. ki: 244674,
  5. kcrit: 317097919838,
  6. klow: 31709791984,
  7. klin: 1358991085,
  8. beta: 277777777777778,
  9. ri: 0,
  10. Tcrit: 0

Developers comment

setConfig(silo->WETH(bridge))

Action 7: Set up maxLTV/LT on silo rETH for an asset (XAI)

Model contract: InterestRateModelXAI 0x64359a0A87B799140Ec74C2eb037E27dD4500A15
Max Loan to Value (LTV) = 85%
Liquidation Threshold (LT) = 90%

Developers comment

setAssetConfig(silo->XAI(bridge))

Action 8: Set up interest rate model for rETH silo and XAI asset

Model name: bridgeXAI

  1. uopt: 800000000000000000,
  2. ucrit: 900000000000000000,
  3. ulow: 500000000000000000,
  4. ki: 183506,
  5. kcrit: 237823439878,
  6. klow: 31709791984,
  7. klin: 1585489599,
  8. beta: 27777777777778,
  9. ri: 0,
  10. Tcrit: 0

Developers comment

setConfig(silo->XAI), FINISH.

Action 9: Set up price feed for agEUR

price provider: UniswapV3PriceProviderV2

_asset: 0x1a7e4e63778b4f12a199c062f3efdd288afcbce8,
_pools: 0x8db1b906d47dfc1d84a87fc49bd0522e285b98b9

Developers comment

START: setup provider for agEUR

Action 10: Choose a price provider for agEUR

UniswapV3PriceProviderV2

The action registers a price provider in the protocol's repository of price providers.
The Repository manages price providers and maps assets to their price providers.

Action 11: Set up maxLTV/LT on silo agEUR for an asset (agEUR)

Model contract: InterestRateModel 0x7e9e7ea94e1ff36e216a703d6d66ece356a5fd44
Max Loan to Value (LTV) = 85%
Liquidation Threshold (LT) = 90%

Developers comment

setAssetConfig(silo->asset)

Action 12: Set up interest rate model for agEUR silo and agEUR asset

Model name: stableLowCap

  1. uopt: 800000000000000000,
  2. ucrit: 900000000000000000,
  3. ulow: 500000000000000000,
  4. ki: 183506,
  5. kcrit: 237823439878,
  6. klow: 31709791984,
  7. klin: 1585489599,
  8. beta: 27777777777778,
  9. ri: 0,
  10. Tcrit: 0

Developers comment

setConfig(silo->asset)

Action 13: Set up maxLTV/LT on silo agEUR for an asset (WETH)

Model contract: InterestRateModel 0x7e9e7ea94e1ff36e216a703d6d66ece356a5fd44
Max Loan to Value (LTV) = 80%
Liquidation Threshold (LT) = 85%

Developers comment

setAssetConfig(silo->WETH)

Action 14: Set up interest rate model for agEUR silo and WETH asset

Model name: bridgeETH

  1. uopt: 700000000000000000,
  2. ucrit: 900000000000000000,
  3. ulow: 500000000000000000,
  4. ki: 244674,
  5. kcrit: 317097919838,
  6. klow: 31709791984,
  7. klin: 1358991085,
  8. beta: 277777777777778,
  9. ri: 0,
  10. Tcrit: 0

Developers comment

setConfig(silo->wToken)

Action 15: Set up maxLTV/LT on silo agEUR for an asset (XAI)

Model contract: InterestRateModelXAI 0x64359a0A87B799140Ec74C2eb037E27dD4500A15
Max Loan to Value (LTV) = 85%
Liquidation Threshold (LT) = 90%

Developers comment

setAssetConfig(silo->XAI(bridge))

Action 16: Set up interest rate model for agEUR silo and XAI asset

Model name: bridgeXAI

  1. uopt: 800000000000000000,
  2. ucrit: 900000000000000000,
  3. ulow: 500000000000000000,
  4. ki: 183506,
  5. kcrit: 237823439878,
  6. klow: 31709791984,
  7. klin: 1585489599,
  8. beta: 27777777777778,
  9. ri: 0,
  10. Tcrit: 0

Developers comment

setConfig(silo->XAI), FINISH.

Action 17: Set up interest rate model for OHM silo and OHM asset

Model name: volatileOpt50Base7

  1. uopt: 500000000000000000,
  2. ucrit: 900000000000000000,
  3. ulow: 300000000000000000,
  4. ki: 146805,
  5. kcrit: 317097919838,
  6. klow: 105699306613,
  7. klin: 4439370878,
  8. beta: 277777777777778,
  9. ri: 0,
  10. Tcrit: 0

Developers comment

Update interest rate model for OHM

Final Votes

Quorum

46.04M of 0

Majority support

Yes

For

46.04M

Against

0

Abstain

0

Final Votes
Status

Tue Jan 24, 07:49 pm

Published onchain

Thu Feb 2, 09:15 pm

Voting period started

Sun Feb 5, 07:15 pm

Voting period ended

Fri Jan 27, 06:18 pm

Proposal queued

Sun Jan 29, 09:04 pm

Proposal executed