FIP-70: Move FEI/ETH to Balancer

Forum Post

https://tribe.fei.money/t/fip-70-lets-get-balsy/3752/10

Summary

Move all the protocol-controlled FEI-ETH liquidity (~41300 ETH) out of Uniswap-v2, over to a Balancer weighted pool with 70% WETH and 30% FEI.

Specification

Move 20,000 ETH immediately, and the remaining ETH one week after proposal execution. Initial swap fees will be 0.3%, like Uniswap, changeable by the DAO and OA multisig if needed.