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GearboxGearboxby0xb9b7Db94D57fe25907620eAae42b9780176CceeAvan0k.eth

[GIP-115] Additional configuration to onboard ezETH to Arbitrum

Voting ended almost 2 years agoSucceeded

This proposal aims to clarify some parameters that were accidentally omitted in GIP-97 (specifically the part about ezETH on Arbitrum).

Overview

ezETH now has a sufficient amount liquidity on Arbitrum (~500 ETH across Balancer and Camelot pools) to finally fully onboard the asset to the WETH Tier 1 Credit Manager.

Unfortunately, GIP-97 did not specify the LT of the asset, which now blocks the deployment. Therefore, we propose several actions to finalize this:

  1. Add ezETH with LT = 90 to WETH Tier 1 Credit Manager
  2. Replace the current ezETH Main price feed from composite feed based on Redstone to one based on Chainlink. The Redstone composite price feed will be moved to reserve, which will enable partial withdrawals for this asset;

Additionally, Balancer ezETH/wstETH and Camelot V3 ezETH/WETH pools will be added to the CM, which was authorized by GIP-97.

Transaction list

Human-readable transaction log can be found here. MD5 checksum: 1e257a143a8a7156eb3d6d786fdb94ce

Voting

Simple approve / reject

Off-Chain Vote

Approve
279.06M GEAR100%
Reject
0 GEAR0%
Quorum:140%
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Discussion

Gearbox[GIP-115] Additional configuration to onboard ezETH to Arbitrum

Timeline

Apr 05, 2024Proposal created
Apr 05, 2024Proposal vote started
Apr 08, 2024Proposal vote ended
Mar 04, 2026Proposal updated