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CoW DAOCoW DAOby0x6B809ef125e708702d33111C4b7Ee49460260DF70x6B80…0DF7

CIP-54: Dissolve Project Blanc bonding pool

Voting ended about 1 year agoSucceeded
CIP: 54
Title: Dissolve Project Blanc bonding pool
Authors: dean
Status: Active
Created: 2024-11-15

Simple summary

Project Blanc is currently restructuring and for administrative reasons we will need to unwind the current solver and the corresponding bond we maintain and resubmit a bond at a later stage.

Details

The current bond safe was created by: 0xCa99e3Fc7B51167eaC363a3Af8C9A185852D1622 and has the following address: 0xC96569Dc132ebB6694A5f0b781B33f202Da8AcE8

USDC funds were deposited by 0x6F3f9B752f57f63580Bf7a2aeBD4D2392bc7e783 COW funds were deposited by 0x39D787fdf7384597C7208644dBb6FDa1CcA4eBdf

The CIP proposes that the bonding pool is dissolved and the funds are sent back to the corresponding addresses that funded the bonding pool in the first place.

Proposal

Transfer 500,000 USDC on mainnet from 0xC96569Dc132ebB6694A5f0b781B33f202Da8AcE8 to 0x6F3f9B752f57f63580Bf7a2aeBD4D2392bc7e783

Transfer 1.5 M COW on mainnet from 0xC96569Dc132ebB6694A5f0b781B33f202Da8AcE8 to 0x39D787fdf7384597C7208644dBb6FDa1CcA4eBdf

A simulation of the transaction that is proposed to be executed if this CIP passes can be found here: https://dashboard.tenderly.co/public/safe/safe-apps/simulator/140a482f-21ba-473e-88e4-5630cfc17c71

Off-Chain Vote

For
49.3M vCOW100%
Against
26.72 vCOW0%
Abstain
1.04 vCOW0%
Quorum:141%
Download mobile app to vote

Discussion

CoW DAOCIP-54: Dissolve Project Blanc bonding pool

Timeline

Nov 29, 2024Proposal created
Nov 29, 2024Proposal vote started
Dec 06, 2024Proposal vote ended
Dec 06, 2024Proposal updated