Executed

Accept Anchor ownership, set ETH market rewards & change Stabilizer fees


Proposal ID

12

Proposed

Mar 21st, 2021

Result details

112 addresses

16.29K votes

Final Votes

Quorum

Pending

Majority support

Yes

For

16.29K

Against

18

Abstain

0

Actions

Type

Address

Details

Custom

0x7eC0...5CDd

setBuyFee(..)

Custom

Account

0x7eC0...5CDd

Method

setBuyFee(..)

Custom

0x7eC0...5CDd

setSellFee(..)

Custom

Account

0x7eC0...5CDd

Method

setSellFee(..)

Custom

0x8653...9ce4

claimOperator(..)

Custom

Account

0x8653...9ce4

Method

claimOperator(..)

Custom

0x4dCf...7339

_acceptAdmin(..)

Custom

Account

0x4dCf...7339

Method

_acceptAdmin(..)

Proposal

  • Accept ownership of all Anchor and DOLA contracts
  • Set 600 INV rewards for all ETH lenders and borrowers on Anchor for a duration of 1 month
  • Set Stabilizer buy and sell fees to 0.4% each in order to prevent competition with Uniswap and Curve DOLA LPs

The transferred contracts are:

  • DOLA token contract (ability to mint and add/remove minters)
  • Anchor comptroller contract (central controller of Anchor)
  • ETH and DOLA market contracts

The following contracts are already controlled by gov and will require no change of ownership:

  • Stabilizer (ability to set fees and change operator)
  • Fed (ability to change the Fed chair)
  • Anchor oracle contract (ability to add/remove price feeds)
  • DOLA & ETH interest rate model
Final Votes

Quorum

Pending

Majority support

Yes

For

16.29K

Against

18

Abstain

0

Final Votes

112 addresses

16.29K votes

Status

Sun Mar 21, 03:02 am

Published onchain

Wed Jun 2, 04:39 am

Voting period started

Fri Jun 4, 02:15 pm

Voting period ended

Wed Mar 24, 01:18 am

Proposal queued

Fri Mar 26, 04:18 am

Proposal executed