[Ethereum, Avalanche] Spark Savings - Update Setter Role to ALM Proxy Freezable for spUSDC, spUSDT, spETH - December 1, 2025

Spark's Operational Facilitator has placed a proposal into the voting system on behalf of nested contributor Phoenix Labs.

Review

The Spark community can hereby express support or opposition to the following changes, as described by the author of the proposal:

Controller version v1.8 enables the ALM proxy Freezable to perform the setter role for Spark Savings vaults. This is beneficial vs the existing setup where the setter is controlled by the Spark operations multisig, as the ALM proxy has a more robust failover admin control setup including both primary and secondary relayers as well as a freezer multisig. Additionally, managing this under the ALM proxy will allow the primary relayer’s automation features to manage rates programmatically, which will ensure rates immediately track the benchmarks specified in the Spark Artifact without any delays.

Parameter Summary

Ethereum

• Spark Savings spUSDC
  • Update Setter role to: 0x9Ad87668d49ab69EEa0AF091de970EF52b0D5178
• Spark Savings spUSDT
  • Update Setter role to: 0x9Ad87668d49ab69EEa0AF091de970EF52b0D5178
• Spark Savings spETH
  • Update Setter role to: 0x9Ad87668d49ab69EEa0AF091de970EF52b0D5178

Avalanche

• Spark Savings spUSDC
  • Update Setter role to: 0x45d91340B3B7B96985A72b5c678F7D9e8D664b62

The proposed Spark Artifact changes can be found in the following pull request: https://github.com/sky-ecosystem/next-gen-atlas/pull/130

Outcomes

• If "For" receives the most votes, the proposal will be approved. The associated pull request will be merged into Spark's artifact. When required, the listed changes will proceed to implementation by the relevant actors.
• If "Against" receives the most votes, the proposal will be rejected. No changes will be implemented.