BIP-447D-Gnosis-USDC-Distribution #575
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Executes the final portion of the BIP spec. Further the Balancer Maxi’s are instructed to sweep all collected EURE/USDC fees earned as of October 15th to USDC a separate account. These fees will then be streamed as follows: October 19th: 20% of total as direct incentives over the AURA platform on sDAI/EURe 20% of the total as direct incentives over the Balancer platform on sDAI/EURe The remaining 60% of USDC will streamed in 2 weekly epochs extending from the end of the October 19th emissions. Transaction steps: 1. LM Multisig 0x14969B55a675d13a1700F71A37511bc22D90155a acceptsOwnership of Injector 0x87c921be1fd8ee7E5eda4394aDB849DB72847aE9. 2. LM Multisig setRecipientList on Injector, passing sDAI/EURe gauge gaugeAddresses (address[])[0xBB2598b89202596A743BE0b615001D7D5164f167] amountsPerPeriod (uint256[]) [9979830058] maxPeriods (uint8[]) [2] 3. transfer [19959660116] 0xDDAfbb505ad214D7b80b1f830fcCc89B60fb7A83 (USDC) to 0x87c921be1fd8ee7E5eda4394aDB849DB72847aE9 and 4. [6653220039] to 0x6068eb7490748A1A49830B58524C002b545c1Ce2. 5. Then approve 0x87c921be1fd8ee7E5eda4394aDB849DB72847aE9 to spend 6653220039 USDC. 6. To add USDC as a reward token the the gauge, the LM Multisig will interact with the AuthorizerAdaptorEntrypoint 0x8F42aDBbA1B16EaAE3BB5754915E0D06059aDd75 calling performAction of the sDAI/EURe gauge as target 0xBB2598b89202596A743BE0b615001D7D5164f167 and data bytes 0xe8de0d4d000000000000000000000000ddafbb505ad214d7b80b1f830fccc89b60fb7a8300000000000000000000000014969b55a675d13a1700f71a37511bc22d90155a. 7. The LM Multisig will call deposit_reward_token on the gauge and pass _reward_token 0xDDAfbb505ad214D7b80b1f830fcCc89B60fb7A83 (USDC) and _amount 6653220039. 8. The LM Multisig will set_reward_distributor to the injector for USDC. _reward_token 0xDDAfbb505ad214D7b80b1f830fcCc89B60fb7A83 _distributor: 0x87c921be1fd8ee7E5eda4394aDB849DB72847aE9 Simulation: https://dashboard.tenderly.co/public/safe/safe-apps/simulator/5c303f7c-c158-40d2-a9cd-b18d007a755e
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BIP validation results for file BIPs/2023-W41/BIP-447D.json: |
add _to and _value as transfer inputs fail on gauge removes if we can't verify the first address as a contract on mainnet.
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BIP validation results for file BIPs/2023-W41/BIP-447D.json: |
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File name: BIPs/2023-W41/BIP-447D.json File name: BIPs/2023-W41/BIP-447D.json |
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BIP validation results for file BIPs/2023-W41/BIP-447D.json: |
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File name: BIPs/2023-W41/BIP-447D.json File name: BIPs/2023-W41/BIP-447D.json |
6 tasks
…nto BIP-447D-Rewards-distribution
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BIP validation results for file BIPs/2023-W41/BIP-447D.json: |
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File name: BIPs/2023-W41/BIP-447D.json File name: BIPs/2023-W41/BIP-447D.json |
Tritium-VLK
approved these changes
Oct 21, 2023
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Executes the final portion of the BIP spec. Further the Balancer Maxi’s are instructed to sweep all collected EURE/USDC fees earned as of October 15th to USDC a separate account. These fees will then be streamed as follows:
October 19th:
20% of total as direct incentives over the AURA platform on sDAI/EURe 20% of the total as direct incentives over the Balancer platform on sDAI/EURe
The remaining 60% of USDC will streamed in 2 weekly epochs extending from the end of the October 19th emissions.
Transaction steps: 1. LM Multisig 0x14969B55a675d13a1700F71A37511bc22D90155a acceptsOwnership of Injector 0x87c921be1fd8ee7E5eda4394aDB849DB72847aE9.
2. LM Multisig setRecipientList on Injector, passing sDAI/EURe gauge gaugeAddresses (address[])[0xBB2598b89202596A743BE0b615001D7D5164f167] amountsPerPeriod (uint256[]) [9979830058]
maxPeriods (uint8[])
[2]
transfer [19959660116] 0xDDAfbb505ad214D7b80b1f830fcCc89B60fb7A83 (USDC) to 0x87c921be1fd8ee7E5eda4394aDB849DB72847aE9 and
[6653220039] to 0x6068eb7490748A1A49830B58524C002b545c1Ce2.
Then approve 0x87c921be1fd8ee7E5eda4394aDB849DB72847aE9 to spend 6653220039 USDC.
To add USDC as a reward token the the gauge, the LM Multisig will interact with the AuthorizerAdaptorEntrypoint 0x8F42aDBbA1B16EaAE3BB5754915E0D06059aDd75 calling performAction of the sDAI/EURe gauge as target 0xBB2598b89202596A743BE0b615001D7D5164f167 and data bytes 0xe8de0d4d000000000000000000000000ddafbb505ad214d7b80b1f830fccc89b60fb7a8300000000000000000000000014969b55a675d13a1700f71a37511bc22d90155a.
The LM Multisig will call deposit_reward_token on the gauge and pass _reward_token 0xDDAfbb505ad214D7b80b1f830fcCc89B60fb7A83 (USDC) and _amount 6653220039.
The LM Multisig will set_reward_distributor to the injector for USDC. _reward_token 0xDDAfbb505ad214D7b80b1f830fcCc89B60fb7A83 _distributor: 0x87c921be1fd8ee7E5eda4394aDB849DB72847aE9
Simulation: https://dashboard.tenderly.co/public/safe/safe-apps/simulator/5c303f7c-c158-40d2-a9cd-b18d007a755e