Executed

Bring back ARB and UDT on Arbitrum to Mainnet


Proposal ID

547594...4049

Governor

Unlock

Proposed

Mar 28th, 2025

Result details
Final Votes

Quorum

9K of 7.5K

Majority support

Yes

For

9K

Against

0

Abstain

0

Actions

Type

Address

Details

Custom

0x4Dbd...AB3f

createRetryableTicket(..)

Custom

Account

0x4Dbd...AB3f

Method

createRetryableTicket(..)

Custom

0x4Dbd...AB3f

createRetryableTicket(..)

Custom

Account

0x4Dbd...AB3f

Method

createRetryableTicket(..)

Custom

0x4Dbd...AB3f

createRetryableTicket(..)

Custom

Account

0x4Dbd...AB3f

Method

createRetryableTicket(..)

Proposal

This proposal goal is to bring back ARB tokens and UDT on Arbitrum to mainnet. To do this it 1) swaps ARB for ETH 2) bridges ETH and UDT back to the timelock on mainnet.

To prevent splitting the tasks into multiple proposals, it relies on the UnlockDAOArbitrumBridge contract deployed on Arbitrum at the address 0x3b26D06Ea8252a73742d2125D1ACEb594ECEE5c6.

The proposal contains three separate calls to the Arbitrum Delayed Inbox Contract's createRetryableTicket function. Each call creates a Retryable Ticket (L1->L2 message) that will execute the corresponding transaction on Arbitrum:

  1. First message: Transfer ARB tokens from the DAO's Arbitrum alias to the UnlockDAOArbitrumBridge contract
  2. Second message: Transfer UDT tokens from the DAO's Arbitrum alias to the UnlockDAOArbitrumBridge contract
  3. Third message: Execute a multicall on the UnlockDAOArbitrumBridge contract (0x3b26D06Ea8252a73742d2125D1ACEb594ECEE5c6) to:
    • Call swapAndBridgeArb: Swap ARB tokens for ETH (with 2% slippage protection from historical values) and bridge ETH back to the timelock on mainnet
    • Call bridgeUdt: Bridge UDT tokens back to mainnet timelock

Current situation of DAO's Assets on Arbitrum

Final Votes

Quorum

9K of 7.5K

Majority support

Yes

For

9K

Against

0

Abstain

0

Final Votes
Status

Fri Mar 28, 12:40 pm

Published onchain

Sun Apr 6, 04:30 am

Voting period started

Sat Apr 12, 01:14 pm

Voting period ended

Fri Apr 18, 01:21 pm

Proposal queued

Fri Apr 25, 02:10 pm

Proposal executed