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Memo 0xf745fa72…9af973 on Ethereum

0xe0ac4559…cd52sent to0xe087f94c…579b·#13,103,234·view on Etherscan
FIP-20 Allocate Dripper ETH & FIP-23 This proposal covers two changes: 1. Productively allocating the >160k ETH in the EthPCVDripper into Aave, Compound, and stETH 2. Raising the ETH reserve stabilizer floor price to $0.99 The ETH currently sitting in the dripper is unproductive both because it is idle and because the $0.95 stabilizer floor is too low to be useful. This proposal addresses both of those concerns. It utilizes some new functionality to drip directly from productive deployments of PCV back into the stabilizer as needed. In this case both the Compound and Aave deposits can each be drawn from, once every 2 hours for 5000 ETH if the stabilizer is low. Summarized proposal steps: - Replace old EthReserveStabilizer with new one at $0.99 (and updating Burner role) - Add PCV Controller to two PCVDripControllers, one for Aave and one for Compound - Withdraw 6000 ETH from old ReserveStabilizer to new one - Withdraw 75k ETH from dripper for each of the Aave and Compound PCV Deposits - Withdraw 14,135 ETH from dripper to stETH PCV Deposit - Pause old reserve stabilizer Forum discussions: https://tribe.fei.money/t/fip-20-lido-staked-eth-steth-part-2/3454 and https://tribe.fei.money/t/proposal-raise-reserve-stabilizer-backstop-to-0-99/3462 Snapshot: https://snapshot.fei.money/#/fei.eth/proposal/QmNXBguKbUD3ZViL8HxUfdxWmtSijcddEz1TWhR4qg6hvo and https://snapshot.fei.money/#/fei.eth/proposal/QmXXdcWSo18xz3Ea23YuVGM94CNdPkECEh8U17D8CoV36z Code: https://github.com/fei-protocol/fei-protocol-core/pull/141
unknown sendersent to0xe087f94c…579b·#13,103,234·view on Etherscan
grantBurner(address)grantPCVController(address)revokeBurner(address)withdraw(address,uint256)withdrawETH(address,uint256)withdrawETH(address,uint256)withdrawETH(address,uint256)grantPCVController(address)setAllocation(address[],uint256[])FIP-20 Allocate Dripper ETH & FIP-23 This proposal covers two changes: 1. Productively allocating the >160k ETH in the EthPCVDripper into Aave, Compound, and stETH 2. Raising the ETH reserve stabilizer floor price to $0.99 The ETH currently sitting in the dripper is unproductive both because it is idle and because the $0.95 stabilizer floor is too low to be useful. This proposal addresses both of those concerns. It utilizes some new functionality to drip directly from productive deployments of PCV back into the stabilizer as needed. In this case both the Compound and Aave deposits can each be drawn from, once every 2 hours for 5000 ETH if the stabilizer is low. Summarized proposal steps: - Replace old EthReserveStabilizer with new one at $0.99 (and updating Burner role) - Add PCV Controller to two PCVDripControllers, one for Aave and one for Compound - Withdraw 6000 ETH from old ReserveStabilizer to new one - Withdraw 75k ETH from dripper for each of the Aave and Compound PCV Deposits - Withdraw 14,135 ETH from dripper to stETH PCV Deposit - Pause old reserve stabilizer Forum discussions: https://tribe.fei.money/t/fip-20-lido-staked-eth-steth-part-2/3454 and https://tribe.fei.money/t/proposal-raise-reserve-stabilizer-backstop-to-0-99/3462 Snapshot: https://snapshot.fei.money/#/fei.eth/proposal/QmNXBguKbUD3ZViL8HxUfdxWmtSijcddEz1TWhR4qg6hvo and https://snapshot.fei.money/#/fei.eth/proposal/QmXXdcWSo18xz3Ea23YuVGM94CNdPkECEh8U17D8CoV36z Code: https://github.com/fei-protocol/fei-protocol-core/pull/141