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OGV>OGN Migration Contracts This proposal deploys, funds and enables the Migrator contract which can be used to migrate OGV to OGN and also veOGV to xOGN. The proposal mints 409,664,846 OGN (as specified in the previous off-chain snapshot governance proposal). It also uses some OGN from the treasury multisig to account for the increase in OGV supply due to inflation since the snapshot proposal was posted. This proposal also revokes all roles that the old OGV Governance has on the Timelock. Buyback contracts are upgraded to buy OGN instead of OGV
OGV>OGN Migration Contracts This proposal deploys, funds and enables the Migrator contract which can be used to migrate OGV to OGN and also veOGV to xOGN. The proposal mints 409,664,846 OGN (as specified in the previous off-chain snapshot governance proposal). It also uses some OGN from the treasury multisig to account for the increase in OGV supply due to inflation since the snapshot proposal was posted. This proposal also revokes all roles that the old OGV Governance has on the Timelock. Buyback contracts are upgraded to buy OGN instead of OGV
OGV>OGN Migration Contracts This proposal deploys, funds and enables the Migrator contract which can be used to migrate OGV to OGN and also veOGV to xOGN. The proposal mints 409,664,846 OGN (as specificed in the previous off-chain snapshot governance proposal). It also uses some OGN from the treasury multisig to account for the increase in OGV supply due to inflation since the snapshot proposal was posted. This proposal also revokes all roles that the OGV Governance has on the Timelock. Buyback contracts are upgraded to buy OGN instead of OGV
Add Guardian Multisig to Timelock Part of the OGN/OGV merger. This proposal adds the Origin's 5 of 8 Multisig to the Timelock to provide a backup governance during the transition between governance systems during the token merger. This permission will be revoked once the merger is complete.
Deploy new OETH FrxEth Redeem Strategy This proposal adds a new FrxEth Redeem Strategy to the OETH vault. The strategy will be used to convert FrxEth tokens to Eth during transition from a multi-asset OETH to simplifed OETH backed only by ETH.
Disable minting OETH with LSTs The first step of simplifying OETH. This disables minting OETH with all supported LSTs. OETH can only be minted with WETH using the Vault and with ETH using the Zapper contract.
Shorten OETH Dripper Time Change the OETH dripper time down to 7 days. The OETH dripper's duration was set to a long 14 days last month to avoid dripping out all AURA and BAL token rewards too quickly. Now that some time has passed, we can reduce the duration to a more normal size. In the short term this will result in increase of funds flowing from the dripper to OETH.
Upgrade OETH token contract When contracts integrate with OETH protocol they can already opt-in to rebasing. This governance proposal enables OGV governance to enable rebasing for any 3rd party contract to better streamline integrations. This proposal also enables rebasing of EigenLayer contract.
Deploy new implementation of Balancer rETH/WETH MetaPool strategy The new implementation of the Balancer rETH/WETH strategy fixes the checkBalance function that could report confusing information - even though it had no impact on the operations of the protocol.
Deploy new implementation of Balancer rETH/WETH MetaPool strategy The new implementation of the Balancer rETH/WETH strategy pool fixes a medium vulnerability of the strategy's checkBalance function.
Transfer ownership of OETH contracts to OGV governance. OETH has been owned by Origin 5/8 multi-sig wallet. The protocol has been proven, and it is time to move the ownership to the community. Code PR: #1654
OETH governance contracts have been owned by the OUSD 5 of 8 multi-sig. Now that these governance contracts have been proven out, it's time for them to be directly owned by the community Code PR: #1654
Update OUSD Harvester Config for CRV The OUSD Harvester is currently failing as there is not enough liquidity in the SushiSwap CRV/ETH pool to swap 26,476 CRV to ETH and then ETH to USDT. The harvester will revert the swap if there is more than 3% slippage which is the case for 26,476 CRV. This proposal limits the amount of CRV that can be liquidated by the Harvester at one time to 4,000 CRV. That is a small enough amount to be under the 3% slippage requirement. The other Harvester config change is changing the harvester rewards for liquidating CRV from 1% to 2%. 2% is enough to cover costs when the gas price is 40 Gwei. Code PR: #1492
Update OUSD Harvester config for CRV The OUSD Harvester is currently failing as there is not enough liquidity in the SushiSwap CRV/ETH pool to swap 26,476 CRV to ETH and then ETH to USDT. The harvester will revert the swap if there is more than 3% slippage which is the case for 26,476 CRV. This proposal limits the amount of CRV that can be liquidated by the Harvester at one time to 4,000 CRV. That is a small enough amount to be under the 3% slippage requirement. The other Harvester config change is changing the harvester rewards for liquidating CRV from 1% to 2%. 2% is enough to cover costs when the gas price is 40 Gwei. Code PR: #1492
Update OUSD Harvester config for CRVThe OUSD Harvester is currently failing as there is not enough liquidity in the SushiSwap CRV/ETH pool to swap 26,476 CRV to ETH and then ETH to USDT. The harvester will revert the swap if there is more than 3% slippage which is the case for 26,476 CRV. This proposal limits the amount of CRV that can be liquidated by the Harvester at one time to 4,000 CRV. That is a small enough amount to be under the 3% slippage requirement. The other Harvester config change is changing the harvester rewards for liquidating CRV from 1% to 2%. 2% is enough to cover costs when the gas price is 40 Gwei.Code PR: #1492
Automatic Voting Delegation for OGV Staking Currently users must take a seperate step to delegate OGV to themselves in order to vote, and this must be done before a vote begins. This suprises many users who expect to be able to vote if they have veOGV. This contract change will automaticly delegate a user's own votes to themselves the first or next time they stake or extend. Code PR: https://github.com/OriginProtocol/ousd-governance/pull/367 Deploy PR: https://github.com/OriginProtocol/ousd-governance/pull/378
Vault Direct Reallocations Currently all vault allocations must move from strategy to strategy. This can cost up to twice the needed gas costs in weekly reallocations, and is much more work to automate. This proposal will allow funds to be moved directly to and from the vault. Code PR: https://github.com/OriginProtocol/origin-dollar/pull/1071 Deploy PR: https://github.com/OriginProtocol/origin-dollar/pull/1228
Claim ownership of governance system contracts OUSD governance contracts have been owned by the OUSD 5 of 8 multi-sig. Now that these governance contracts have been proven out, it's time for them to be directly owned by the community.
Claim governance on governance system contracts OUSD governance contracts have been owned by the OUSD 5 of 8 multi-sig. Now that these governance contracts have been proven out, it's time for them to be directly owned by the community.