0x64c4bffb…9c5dsent to0x0bef27fe…7494·#14,807,312·view on Etherscan
FIP-104: Reinforce PCV by consolidating assets and perform technical maintenance
FIP-104: Reinforce PCV by consolidating assets and perform technical maintenance.
This FIP implements parts of the PCV reinforcement proposal that was approved in this snapshot:
https://snapshot.fei.money/#/proposal/0x2fd5bdda0067098f6c0520fe309dfe90ca403758f0ce98c1854a00bf38999674
and discussed in this forum post: https://tribe.fei.money/t/fip-104-fei-pcv-reinforcement-proposal/4162?page=2
Specifically, it:
- Liquidates the protocol's DPI holdings to DAI using a Balancer LBP
- Transfers the protocol's CREAM holdings from the DAO timelock to the TribalCouncil multisig. The TribalCouncil will
then liquidate the position on a DEX before returning the funds to PCV reserves
In addition, the FIP performs several technical maintenance tasks:
- Add and remove the relevant PCV deposits from the Collaterization Oracle
- Grant the TribalCouncil the role required to initiate the DPI LBP auction
- Add the uniswapPCVDeposit and dpiToDai LBP swapper as Safe addresses so PCV can be moved there
- Fix a bug in the NopeDAO configuration that previously set the voting period to 22 months rather than the
expected 4 days
- Fund the TribalCouncil with 10 Eth
- Transfer 15,000 WETH from the DAO timelock to the aaveETHPCVDeposit
- Invert oracle price on LBP swapper and initiate auction