Summary

Update OUSD's smart contracts to exclude the Flux Finance strategy, which is unlikely to be used in the future.

Background

The cost of running OUSD's rebase function is directly linked to the number of yield-earning strategies, as previously highlighted in this proposal. Unused strategies drain resources and distract Strategists from monitoring OUSD's health and its associated protocols.

The Flux strategy hasn't been used in four months since the Strategist withdrew USDT and USDC due to liquidity concerns posing a risk for OUSD. Given that Flux is less compelling than other whitelisted strategies, it is unlikely to be used in the future and could be discontinued to reduce OUSD's costs.

Recommendation

• Confirm there are no remaining funds in the Flux Finance strategy.
• Disable the Flux Finance strategy to prevent further fund allocation and exclude it from rebase balance lookups.