Executed

FIP-51: FeiRari Merger


Proposed by

Proposal ID

100913...7360

Proposed

Dec 18th, 2021

Result details
Final Votes

Quorum

29.45M of 0

Majority support

Yes

For

29.45M

Against

0

Abstain

3M

Actions

Type

Address

Details

Custom

0xC2d4...53D6

floop(..)

Custom

Account

0xC2d4...53D6

Method

floop(..)

Custom

0x8d5E...d7b9

allocateTribe(..)

Custom

Account

0x8d5E...d7b9

Method

allocateTribe(..)

Custom

0x8d5E...d7b9

allocateTribe(..)

Custom

Account

0x8d5E...d7b9

Method

allocateTribe(..)

Custom

0x8d5E...d7b9

grantMinter(..)

Custom

Account

0x8d5E...d7b9

Method

grantMinter(..)

Proposal

This proposal represents the Tribe half of the FeiRari merger code. It executes the following steps: 0. Check Rari vote executed first

  1. Accept PegExchanger contract for swapping RGT to TRIBE at ~26.7 TRIBE per RGT exchange rate
  2. Accept TRIBERagequit contract
  3. Seed PegExchangerDripper with 170m TRIBE
  4. Seed PegExchanger with 100m TRIBE
  5. Grant FEI minting to TRIBERagequit
  6. Send 315k FEI to GFX

Ragequit details:

  • live until unix epoch 1640480400: Dec 26, 1am UTC
  • Intrinsic Value: $1.078903938

Rari forum: https://forums.rari.capital/d/177-feirari-token-merge/56 Tribe forum: https://tribe.fei.money/t/fip-51-fei-rari-token-merge/3642/105 Code: https://github.com/fei-protocol/fei-protocol-core/tree/develop/contracts/merger

Final Votes

Quorum

29.45M of 0

Majority support

Yes

For

29.45M

Against

0

Abstain

3M

Final Votes
Status

Sat Dec 18, 08:16 pm

Published onchain

Mon Jan 31, 04:20 am

Voting period started

Tue Feb 1, 11:40 pm

Voting period ended

Mon Dec 20, 08:52 pm

Proposal queued

Thu Dec 23, 09:28 pm

Proposal executed