Executed

UIP-013: Update Half Decay Point and Max Stake Parameters


Proposal ID

991622...9418

Proposed

Feb 21st, 2024

Result details
Final Votes

Quorum

100M of 0

Majority support

Yes

For

100M

Against

0

Abstain

0

Actions

Type

Address

Details

Custom

0x216d...9A5d

setHalfDecayPoint(..)

Custom

Account

0x216d...9A5d

Method

setHalfDecayPoint(..)

Custom

0x4Dbd...AB3f

createRetryableTicket(..)

Custom

Account

0x4Dbd...AB3f

Method

createRetryableTicket(..)

Custom

0x25ac...5fA1

sendMessage(..)

Custom

Account

0x25ac...5fA1

Method

sendMessage(..)

Proposal

UIP-013: Update Half Decay Point and Max Stake Parameters

Abstract

  • Set half decay point of the Mainnet Comptroller to 25,000.

  • Set half decay point of the Arbitrum Comptroller to 25,000.

  • Raise the max stake on Optimism to 25,000 DAI.

Motivation

Now that v2 is insured it doesn't make sense to continue to over incentivize TVL on v1.

Specification

  • Set the half decay point of the Arbitrum Comptroller to 25,000

  • Set the half decay point of the Ethereum Mainnet Comptroller to 25,000

  • Raise the max stake on Optimism to 25,000 DAI.

Test Cases

Tests and simulations can be found here: PR

Implementation

For Mainnet:

  • Call Comptroller.setHalfDecayPoint("25000") to set the half decay point to 25,000.

For Arbitrum

  • Call Comptroller.setHalfDecayPoint("25000") to set the half decay point to 25,000.

For Optimism

  • Call OpOwner.execute() to call UserManager.setMaxStakeAmount("25000000000000000000000") to set max stake to 25,000 DAI.
Final Votes

Quorum

100M of 0

Majority support

Yes

For

100M

Against

0

Abstain

0

Final Votes
Status

Wed Feb 21, 11:35 am

Published onchain

Tue Feb 27, 08:26 am

Voting period started

Fri Mar 1, 08:26 am

Voting period ended

Mon Feb 26, 11:26 am

Proposal queued

Tue Feb 27, 02:36 pm

Proposal executed