BIP 77. Reactivate Contracts and Recover Funds

Overview:

Scope: Reactivate all Badger Smart Contracts to enable recoverable funds to be transferred from the attackers wallets to the DAO recovered funds multi sig.

TL;DR:

The approval of BIP-76 has allowed for the upgrading of the protocol smart contracts. BIP-77 will not be enacted until actions described in BIP-76 have completed. The next step in the process of fund recovery is the reactivation of all smart contracts to facilitate the proposed rescue.

Approval of BIP-77 achieves the below:

• Reactivate the protocol smart contracts
• Execute the stolen funds recovery scripts
• Develop clarity on multisig permissions within the DAO (specifically, the dev multisig)

Explanation Of Choices:

• Approve: Unpause all contracts, recover stolen funds to DAO recovered funds multisig, and give permission to multisig to unpause in the future without a BIP
• Approve Without Precedent: Unpause all contracts, recover stolen funds to DAO recovered funds multisig, but require BIPs for any future unpausing events
• Deny: Keep all contracts paused and do not recover stolen funds

Details available on the forum post