Memo 0xfce6a6ab…2ff92d on Ethereum

0x3fcb35a1…cb28sent to0xbeccb6bb…9bf62022-05-09·#14,741,908·view on Etherscan

# Reduce Stabilizer DOLA Sell fee to 0% We propose an adjustment to the fee incurred when using the stabilizer: * When buying DOLA using DAI, a flat fee of 0.4% is charged. We propose leaving this unchanged. * When selling DOLA to redeem DAI, a flat fee of 0.1% is charged. We propose reducing this to 0% (no fee). This ensures that if there is a market imbalance weighted towards DOLA on the DOLA-3pool Curve pool, arbitrageurs can quickly reduce the imbalance provided there is DAI liquidity in the stabilizer. Currently ~$1.5M Dai are deposited in the Stabilizer. This proposal will unlock an arb opportunity between the Stabilizer and Curve, moving this amount from the Stabilizer to the Curve pool. The result of this arb opportunity will allow us to further expand our Yearn Fed expansions, and in the future, our Convex Fed expansions.

unknown sendersent to0xbeccb6bb…9bf62022-05-09·#14,741,908·view on Etherscan

setSellFee(uint256)# Reduce Stabilizer DOLA Sell fee to 0% We propose an adjustment to the fee incurred when using the stabilizer: * When buying DOLA using DAI, a flat fee of 0.4% is charged. We propose leaving this unchanged. * When selling DOLA to redeem DAI, a flat fee of 0.1% is charged. We propose reducing this to 0% (no fee). This ensures that if there is a market imbalance weighted towards DOLA on the DOLA-3pool Curve pool, arbitrageurs can quickly reduce the imbalance provided there is DAI liquidity in the stabilizer. Currently ~$1.5M Dai are deposited in the Stabilizer. This proposal will unlock an arb opportunity between the Stabilizer and Curve, moving this amount from the Stabilizer to the Curve pool. The result of this arb opportunity will allow us to further expand our Yearn Fed expansions, and in the future, our Convex Fed expansions.