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Idle DAO (stkIDLE holders)Idle DAO (stkIDLE holders)by0xeA173648F959790baea225cE3E75dF8A53a6BDE50xeA17…BDE5

[IIP-28] Update BY wrapper contracts

Voting ended over 3 years agoSucceeded

Authors

Treasury League and Development League

Summary

This proposal focus on one key initiative:

  • Update the idleUSDC and idleDAI Best Yield wrapper contracts released in the latest [IIP-26] and [IIP-27]

Rationale

We need to update the wrappers of the Best Yield idleUSDC and idleDAI to deposit in our Senior Clearpool PYTs as @william discovered a small issue during the calculation of the available liquidity on Clearpool pools.

This wrong calculation can trigger the rebalance method to redeem more than what's available to withdraw in Clearpool and can cause the failure of the rebalance tx.

Specifications

The code for the IIP-28 can be found on GitHub here.

Old wrappers addresses:

  • IIP-26 idleUSDC wrapper: 0xdb1b149177b5819cf467ad6519cf55416789300a
  • IIP-27 idleDAI wrapper: 0x67e78ED1cC4732816816A62F2e99CDC5CfaAc06E

IIP-28 actions:

  • BY idleUSDC updated wrapper for aa_cpWIN-USDC tranche const clearPoolWrapperUSDC = '0xFF12A5eaE3E60096c774AD7211AE5C0c5b5Cc0F5'
  • BY idleDAI updated wrapper for aa_cpFOL-DAI tranche const clearPoolWrapper = '0xDd585E6e3AcB30594E7b70DCee34400E172cee31'

Off-Chain Vote

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Discussion

Idle DAO (stkIDLE holders)[IIP-28] Update BY wrapper contracts

Timeline

Nov 22, 2022Proposal created
Nov 22, 2022Proposal vote started
Nov 24, 2022Proposal vote ended
Oct 26, 2023Proposal updated