From 0a4b2fd41697735ee4d527393cc1d0a41b6b924d Mon Sep 17 00:00:00 2001 From: blimpa <pablos.buch@gmail.com> Date: Mon, 28 Oct 2024 12:27:51 -0300 Subject: [PATCH 01/12] Create Executive vote - October 31, 2024.md --- .../Executive vote - October 31, 2024.md | 126 ++++++++++++++++++ 1 file changed, 126 insertions(+) create mode 100644 governance/votes/templates/Executive vote - October 31, 2024.md diff --git a/governance/votes/templates/Executive vote - October 31, 2024.md b/governance/votes/templates/Executive vote - October 31, 2024.md new file mode 100644 index 000000000..a5be8b1be --- /dev/null +++ b/governance/votes/templates/Executive vote - October 31, 2024.md @@ -0,0 +1,126 @@ +--- +title: Template - [Executive Vote] Base Network SkyLink Bridge Initialization for USDS and sUSDS, Star Allocation System Initialization for Spark, Add New Validators to Medianizer - October 31, 2024 +summary: Initialize the Base Network SkyLink bridge for USDS and sUSDS, initialize the Star Allocation System for Spark, Add New Validators to Medianizer. +date: 2024-10-31T00:00:00.000Z +address: "$spell_address" + +--- +# [Executive Proposal] Base Network SkyLink Bridge Initialization for USDS and sUSDS, Star Allocation System Initialization for Spark, Add New Validators to Medianizer - October 31, 2024 + +The Governance Facilitators, Dewiz, and Sidestream have placed an executive proposal into the voting system. MKR/SKY Holders should vote for this proposal if they support the following alterations to the Sky Protocol. + +If you are new to voting in the Sky Protocol, please see the [voting guide](https://manual.makerdao.com/governance/voting-in-makerdao/on-chain-governance) to learn how voting works. + +--- + +## Executive Summary + +If this executive proposal passes, the following **actions** will occur within the Sky Protocol: + +- The Base Network SkyLink bridge for USDS and sUSDS will be initialized. +- The Star Allocation System for Spark will be initialized +- New validators for Medianizer will be added. + +**Voting for this executive proposal will place your MKR/SKY in support of the actions outlined above.** + +Unless otherwise noted, the actions listed above are subject to the [GSM Pause Delay](https://sky-atlas.powerhouse.io/#A.1.8.2.1_Pause_Delay-a98b8227-95f6-4711-9d8d-f52cbc6ad2d0|0db30758e055). This means that if this executive proposal passes, the changes and additions listed above will only become active in the Sky Protocol after the GSM Pause Delay has expired. The GSM Pause Delay is currently set to [**16 hours**](https://sky-atlas.powerhouse.io/#A.1.8.2.1.2_Pause_Delay_Current_Value-09d2514b-3169-4755-a654-2c774456980d|0db30758e055d2d0). + +If this executive proposal does not pass within 30 days, then it will expire and can no longer have any effect on the Sky Protocol. + +--- + +## Proposal Details + +### Base Network SkyLink Bridge Initialization for USDS and sUSDS + +- **Authorization**: [TBC]() +- **Proposal**: [Forum Post](https://forum.sky.money/t/spell-contents-2024-10-31/25421) + +If this executive proposal passes, then the Base Network SkyLink bridge for USDS and sUSDS will be initialized by calling [`TokenBridgeInit.initBridges`](https://github.com/makerdao/op-token-bridge/blob/0f935505c0dc74ce3db2a9998320a56119321814/deploy/TokenBridgeInit.sol#L63) with its parameters set as follows: + +- [`l1BridgeInstance`](https://github.com/makerdao/op-token-bridge/blob/0f935505c0dc74ce3db2a9998320a56119321814/deploy/L1TokenBridgeInstance.sol#L19): + - `govRelay`: [0x1Ee0AE8A993F2f5abDB51EAF4AC2876202b65c3b](https://etherscan.io/address/0x1Ee0AE8A993F2f5abDB51EAF4AC2876202b65c3b) + - `escrow`: [0x7F311a4D48377030bD810395f4CCfC03bdbe9Ef3](https://etherscan.io/address/0x7F311a4D48377030bD810395f4CCfC03bdbe9Ef3) + - `bridge`: [0xA5874756416Fa632257eEA380CAbd2E87cED352A](https://etherscan.io/address/0xA5874756416Fa632257eEA380CAbd2E87cED352A) + - `bridgeImp`: [0xaeFd31c2e593Dc971f9Cb42cBbD5d4AD7F1970b6](0xaeFd31c2e593Dc971f9Cb42cBbD5d4AD7F1970b6) +- [`l2BridgeInstance`](https://github.com/makerdao/op-token-bridge/blob/dev/deploy/L2TokenBridgeInstance.sol): + - `govRelay`: [0xdD0BCc201C9E47c6F6eE68E4dB05b652Bb6aC255](https://basescan.org/address/0xdd0bcc201c9e47c6f6ee68e4db05b652bb6ac255) + - `bridge`: [0xee44cdb68D618d58F75d9fe0818B640BD7B8A7B7](https://basescan.org/address/0xee44cdb68D618d58F75d9fe0818B640BD7B8A7B7) + - `bridgeImp`: [0x289A37BE5D6CCeF7A8f2b90535B3BB6bD3905f72](https://basescan.org/address/0x289A37BE5D6CCeF7A8f2b90535B3BB6bD3905f72) + - `spell`: [0x6f29C3A29A3F056A71FB0714551C8D3547268D62](https://basescan.org/address/0x6f29C3A29A3F056A71FB0714551C8D3547268D62) +- [`cfg`](https://github.com/makerdao/op-token-bridge/blob/0f935505c0dc74ce3db2a9998320a56119321814/deploy/TokenBridgeInit.sol#L49): + - `l1Messenger`: [0x866E82a600A1414e583f7F13623F1aC5d58b0Afa](https://etherscan.io/address/0x866E82a600A1414e583f7F13623F1aC5d58b0Afa) + - `l2Messenger`: [0x4200000000000000000000000000000000000007](https://basescan.org/address/0x4200000000000000000000000000000000000007) + - `l1Tokens`: + - [0xdc035d45d973e3ec169d2276ddab16f1e407384f](https://etherscan.io/address/0xdc035d45d973e3ec169d2276ddab16f1e407384f) (USDS on Mainnet) + - [0xa3931d71877C0E7a3148CB7Eb4463524FEc27fbD](https://etherscan.io/token/0xa3931d71877C0E7a3148CB7Eb4463524FEc27fbD) (sUSDS on Mainnet) + - `l2Tokens`: + - [0x820C137fa70C8691f0e44Dc420a5e53c168921Dc](https://basescan.org/address/0x820C137fa70C8691f0e44Dc420a5e53c168921Dc) (USDS on Base) + - [0x5875eEE11Cf8398102FdAd704C9E96607675467a](https://basescan.org/address/0x5875eEE11Cf8398102FdAd704C9E96607675467a) (sUSDS on Base) + - `maxWithdraws`: `type(uint256).max` for each token + - `minGasLimit`: 500,000 + - `govRelayCLKey`: BASE_GOV_RELAY (chainlog key for govRelay) + - `escrowCLKey`: BASE_ESCROW (chainlog key for Escrow) + - `l1BridgeCLKey`: BASE_BRIDGE (TBC) (chainlog key for L1TokenBridge) + - `l1BridgeImpCLKey`: BASE_BRIDGE_IMP (chainlog key for L1TokenBridgeImp) + +More information on these contracts and on the bridge deployment process can be found at the [MakerDAO OP Token Bridge repository](https://github.com/makerdao/op-token-bridge/tree/0f935505c0dc74ce3db2a9998320a56119321814). + +### Star Allocation System Initialization for Spark + +- **Authorization**: [TBC]() +- **Proposal**: [Forum Post](https://forum.sky.money/t/spell-contents-2024-10-31/25421) + +If this executive proposal passes, then the [Star Allocation System](https://forum.sky.money/t/star-allocation-system-framework/25325) for Spark will be initialized by executing the actions below: + +- Initialize shared components for the Allocator System by calling [`AllocatorInit.initShared`](https://github.com/makerdao/dss-allocator/blob/226584d3b179d98025497815adb4ea585ea0102d/deploy/AllocatorInit.sol#L88) with the following parameters: + - `oracle`: [0xc7B91C401C02B73CBdF424dFaaa60950d5040dB7](https://etherscan.io/address/0xc7B91C401C02B73CBdF424dFaaa60950d5040dB7) (AllocatorOracle) + - `roles`: [0x9A865A710399cea85dbD9144b7a09C889e94E803](https://etherscan.io/address/0x9A865A710399cea85dbD9144b7a09C889e94E803) (AllocatorRoles) + - `registry`: [0xCdCFA95343DA7821fdD01dc4d0AeDA958051bB3B](https://etherscan.io/address/0xCdCFA95343DA7821fdD01dc4d0AeDA958051bB3B) (AllocatorRegistry) +- Initialize Allocator ILK for Spark Star by calling [`AllocatorInit.initIlk`](https://github.com/makerdao/dss-allocator/blob/226584d3b179d98025497815adb4ea585ea0102d/deploy/AllocatorInit.sol#L97) with its parameters set as follow: + - [`sharedInstance`](https://github.com/makerdao/dss-allocator/blob/226584d3b179d98025497815adb4ea585ea0102d/deploy/AllocatorInstances.sol#L19): + - `oracle`: [0xc7B91C401C02B73CBdF424dFaaa60950d5040dB7](https://etherscan.io/address/0xc7B91C401C02B73CBdF424dFaaa60950d5040dB7) (AllocatorOracle) + - `roles`: [0x9A865A710399cea85dbD9144b7a09C889e94E803](https://etherscan.io/address/0x9A865A710399cea85dbD9144b7a09C889e94E803) (AllocatorRoles) + - `registry`: [0xCdCFA95343DA7821fdD01dc4d0AeDA958051bB3B](https://etherscan.io/address/0xCdCFA95343DA7821fdD01dc4d0AeDA958051bB3B) (AllocatorRegistry) + - [`ilkInstance`](https://github.com/makerdao/dss-allocator/blob/226584d3b179d98025497815adb4ea585ea0102d/deploy/AllocatorInstances.sol#L25): + - `owner`: [0xbe8e3e3618f7474f8cb1d074a26affef007e98fb](https://etherscan.io/address/0xbe8e3e3618f7474f8cb1d074a26affef007e98fb) (MCD_PAUSE_PROXY) + - `vault`: [0x691a6c29e9e96dd897718305427Ad5D534db16BA](https://etherscan.io/address/0x691a6c29e9e96dd897718305427Ad5D534db16BA) (AllocatorVault) + - `buffer`: [0xc395D150e71378B47A1b8E9de0c1a83b75a08324](https://etherscan.io/address/0xc395D150e71378B47A1b8E9de0c1a83b75a08324) (AllocatorBuffer) + - [`cfg`](https://github.com/makerdao/dss-allocator/blob/226584d3b179d98025497815adb4ea585ea0102d/deploy/AllocatorInit.sol#L62): + - `ilk`: ALLOCATOR-SPARK-A + - `duty`: 1000000001607468111246255079 (5.2%) + - `gap`: 10,000,000 + - `maxLine`: 10,000,000 + - `ttl`: 86,400 seconds + - `allocatorProxy`: [0x3300f198988e4C9C63F75dF86De36421f06af8c4](https://etherscan.io/address/0x3300f198988e4C9C63F75dF86De36421f06af8c4) (SparkProxy) + - `ilkRegistry`: [0x5a464c28d19848f44199d003bef5ecc87d090f87](https://etherscan.io/address/0x5a464c28d19848f44199d003bef5ecc87d090f87) +- Whitelist [Spark ALM Proxy](https://etherscan.io/address/0x1601843c5E9bC251A3272907010AFa41Fa18347E) on the LitePSM by calling `IPSMLike(MCD_LITE_PSM_USDC_A).kiss(almProxy: 0x1601843c5E9bC251A3272907010AFa41Fa18347E)`. + +More information on these contracts can be found at the [dss-allocator repository](https://github.com/makerdao/dss-allocator/tree/226584d3b179d98025497815adb4ea585ea0102d); an overview of the system implementation can be found at the [README file](https://github.com/makerdao/dss-allocator/blob/226584d3b179d98025497815adb4ea585ea0102d/README.md) therein. + +### Add new validators for [Median](https://docs.makerdao.com/smart-contract-modules/oracle-module/median-detailed-documentation) (Medianizer) + +- **Authorization**: [TBC]() +- **Proposal**: [Forum Post](https://forum.sky.money/t/spell-contents-2024-10-31/25421) + +If this executive proposal passes, then _all_ validators below: + +- ETH Global validator - 0xcfC62b2269521e3212Ce1b6670caE6F0e34E8bF3 +- Mantle validator - 0xFa6eb665e067759ADdE03a8E6bD259adBd1D70c9 +- Nethermind validator - 0x91242198eD62F9255F2048935D6AFb0C2302D147 +- Euler validator - 0x1DCB8CcC022938e102814F1A299C7ae48A8BAAf6 + +will be added to _each_ of the median contracts below: + +- BTC/USD at [0xe0F30cb149fAADC7247E953746Be9BbBB6B5751f](https://etherscan.io/address/0xe0F30cb149fAADC7247E953746Be9BbBB6B5751f) +- ETH/USD at [0x64DE91F5A373Cd4c28de3600cB34C7C6cE410C85](https://etherscan.io/address/0x64DE91F5A373Cd4c28de3600cB34C7C6cE410C85) +- WSTETH/USD at [0x2F73b6567B866302e132273f67661fB89b5a66F2](https://etherscan.io/address/0x2F73b6567B866302e132273f67661fB89b5a66F2) +- MKR/USD at [0xdbBe5e9B1dAa91430cF0772fCEbe53F6c6f137DF](https://etherscan.io/address/0xdbBe5e9B1dAa91430cF0772fCEbe53F6c6f137DF) + +--- + +## Resources + +Additional information about the Governance process can be found in the [Operational Manual](https://manual.makerdao.com). + +To add current and upcoming votes to your calendar, please see the [Sky Governance Calendar](https://manual.makerdao.com/makerdao/calendars/governance-calendar). From 97640c4d93d5adbddecfb9bdd9a94b32f35b3c40 Mon Sep 17 00:00:00 2001 From: blimpa <pablos.buch@gmail.com> Date: Mon, 28 Oct 2024 12:33:38 -0300 Subject: [PATCH 02/12] foldering is hard apparently --- .../votes/{templates => }/Executive vote - October 31, 2024.md | 0 1 file changed, 0 insertions(+), 0 deletions(-) rename governance/votes/{templates => }/Executive vote - October 31, 2024.md (100%) diff --git a/governance/votes/templates/Executive vote - October 31, 2024.md b/governance/votes/Executive vote - October 31, 2024.md similarity index 100% rename from governance/votes/templates/Executive vote - October 31, 2024.md rename to governance/votes/Executive vote - October 31, 2024.md From de50b5d0cfaca577e034d6fea6d6b3a21a284880 Mon Sep 17 00:00:00 2001 From: VoteWizard <139255802+VoteWizard@users.noreply.github.com> Date: Mon, 28 Oct 2024 18:34:27 -0200 Subject: [PATCH 03/12] Apply suggestions from code review Co-authored-by: boet <166723020+boet1@users.noreply.github.com> --- governance/votes/Executive vote - October 31, 2024.md | 6 +++--- 1 file changed, 3 insertions(+), 3 deletions(-) diff --git a/governance/votes/Executive vote - October 31, 2024.md b/governance/votes/Executive vote - October 31, 2024.md index a5be8b1be..894b53fa1 100644 --- a/governance/votes/Executive vote - October 31, 2024.md +++ b/governance/votes/Executive vote - October 31, 2024.md @@ -42,7 +42,7 @@ If this executive proposal passes, then the Base Network SkyLink bridge for USDS - `govRelay`: [0x1Ee0AE8A993F2f5abDB51EAF4AC2876202b65c3b](https://etherscan.io/address/0x1Ee0AE8A993F2f5abDB51EAF4AC2876202b65c3b) - `escrow`: [0x7F311a4D48377030bD810395f4CCfC03bdbe9Ef3](https://etherscan.io/address/0x7F311a4D48377030bD810395f4CCfC03bdbe9Ef3) - `bridge`: [0xA5874756416Fa632257eEA380CAbd2E87cED352A](https://etherscan.io/address/0xA5874756416Fa632257eEA380CAbd2E87cED352A) - - `bridgeImp`: [0xaeFd31c2e593Dc971f9Cb42cBbD5d4AD7F1970b6](0xaeFd31c2e593Dc971f9Cb42cBbD5d4AD7F1970b6) + - `bridgeImp`: [0xaeFd31c2e593Dc971f9Cb42cBbD5d4AD7F1970b6](https://etherscan.io/address/0xaeFd31c2e593Dc971f9Cb42cBbD5d4AD7F1970b6) - [`l2BridgeInstance`](https://github.com/makerdao/op-token-bridge/blob/dev/deploy/L2TokenBridgeInstance.sol): - `govRelay`: [0xdD0BCc201C9E47c6F6eE68E4dB05b652Bb6aC255](https://basescan.org/address/0xdd0bcc201c9e47c6f6ee68e4db05b652bb6ac255) - `bridge`: [0xee44cdb68D618d58F75d9fe0818B640BD7B8A7B7](https://basescan.org/address/0xee44cdb68D618d58F75d9fe0818B640BD7B8A7B7) @@ -61,8 +61,8 @@ If this executive proposal passes, then the Base Network SkyLink bridge for USDS - `minGasLimit`: 500,000 - `govRelayCLKey`: BASE_GOV_RELAY (chainlog key for govRelay) - `escrowCLKey`: BASE_ESCROW (chainlog key for Escrow) - - `l1BridgeCLKey`: BASE_BRIDGE (TBC) (chainlog key for L1TokenBridge) - - `l1BridgeImpCLKey`: BASE_BRIDGE_IMP (chainlog key for L1TokenBridgeImp) + - `l1BridgeCLKey`: BASE_TOKEN_BRIDGE (TBC) (chainlog key for L1TokenBridge) + - `l1BridgeImpCLKey`: BASE_TOKEN_BRIDGE_IMP (chainlog key for L1TokenBridgeImp) More information on these contracts and on the bridge deployment process can be found at the [MakerDAO OP Token Bridge repository](https://github.com/makerdao/op-token-bridge/tree/0f935505c0dc74ce3db2a9998320a56119321814). From 862bc32ba25c41f59213a321dfbeb90e7f687bd3 Mon Sep 17 00:00:00 2001 From: VoteWizard <139255802+VoteWizard@users.noreply.github.com> Date: Mon, 28 Oct 2024 18:59:12 -0200 Subject: [PATCH 04/12] Update governance/votes/Executive vote - October 31, 2024.md --- governance/votes/Executive vote - October 31, 2024.md | 2 +- 1 file changed, 1 insertion(+), 1 deletion(-) diff --git a/governance/votes/Executive vote - October 31, 2024.md b/governance/votes/Executive vote - October 31, 2024.md index 894b53fa1..f6ca5ab6b 100644 --- a/governance/votes/Executive vote - October 31, 2024.md +++ b/governance/votes/Executive vote - October 31, 2024.md @@ -61,7 +61,7 @@ If this executive proposal passes, then the Base Network SkyLink bridge for USDS - `minGasLimit`: 500,000 - `govRelayCLKey`: BASE_GOV_RELAY (chainlog key for govRelay) - `escrowCLKey`: BASE_ESCROW (chainlog key for Escrow) - - `l1BridgeCLKey`: BASE_TOKEN_BRIDGE (TBC) (chainlog key for L1TokenBridge) + - `l1BridgeCLKey`: BASE_TOKEN_BRIDGE (chainlog key for L1TokenBridge) - `l1BridgeImpCLKey`: BASE_TOKEN_BRIDGE_IMP (chainlog key for L1TokenBridgeImp) More information on these contracts and on the bridge deployment process can be found at the [MakerDAO OP Token Bridge repository](https://github.com/makerdao/op-token-bridge/tree/0f935505c0dc74ce3db2a9998320a56119321814). From a3646b33d93314d56358d05027cd70c08b7fabfc Mon Sep 17 00:00:00 2001 From: blimpa <pablos.buch@gmail.com> Date: Mon, 28 Oct 2024 18:44:50 -0300 Subject: [PATCH 05/12] Fixing capitalization --- governance/votes/Executive vote - October 31, 2024.md | 2 +- 1 file changed, 1 insertion(+), 1 deletion(-) diff --git a/governance/votes/Executive vote - October 31, 2024.md b/governance/votes/Executive vote - October 31, 2024.md index f6ca5ab6b..2948961a0 100644 --- a/governance/votes/Executive vote - October 31, 2024.md +++ b/governance/votes/Executive vote - October 31, 2024.md @@ -1,6 +1,6 @@ --- title: Template - [Executive Vote] Base Network SkyLink Bridge Initialization for USDS and sUSDS, Star Allocation System Initialization for Spark, Add New Validators to Medianizer - October 31, 2024 -summary: Initialize the Base Network SkyLink bridge for USDS and sUSDS, initialize the Star Allocation System for Spark, Add New Validators to Medianizer. +summary: Initialize the Base Network SkyLink bridge for USDS and sUSDS, initialize the Star Allocation System for Spark, Add new validators to Medianizer. date: 2024-10-31T00:00:00.000Z address: "$spell_address" From bfffa0d8d7b5849c74affedaccd04fdc1e0ec054 Mon Sep 17 00:00:00 2001 From: blimpa <pablos.buch@gmail.com> Date: Mon, 28 Oct 2024 18:48:09 -0300 Subject: [PATCH 06/12] +1 --- governance/votes/Executive vote - October 31, 2024.md | 2 +- 1 file changed, 1 insertion(+), 1 deletion(-) diff --git a/governance/votes/Executive vote - October 31, 2024.md b/governance/votes/Executive vote - October 31, 2024.md index 2948961a0..ae4ce4c83 100644 --- a/governance/votes/Executive vote - October 31, 2024.md +++ b/governance/votes/Executive vote - October 31, 2024.md @@ -1,6 +1,6 @@ --- title: Template - [Executive Vote] Base Network SkyLink Bridge Initialization for USDS and sUSDS, Star Allocation System Initialization for Spark, Add New Validators to Medianizer - October 31, 2024 -summary: Initialize the Base Network SkyLink bridge for USDS and sUSDS, initialize the Star Allocation System for Spark, Add new validators to Medianizer. +summary: Initialize the Base Network SkyLink bridge for USDS and sUSDS, initialize the Star Allocation System for Spark, add new validators to Medianizer. date: 2024-10-31T00:00:00.000Z address: "$spell_address" From e2693ab82a7c952b76e55b60720b27f9a10a40c8 Mon Sep 17 00:00:00 2001 From: VoteWizard <139255802+VoteWizard@users.noreply.github.com> Date: Tue, 29 Oct 2024 11:37:23 -0200 Subject: [PATCH 07/12] Update governance/votes/Executive vote - October 31, 2024.md Co-authored-by: 0xldr <139177554+0xldr@users.noreply.github.com> --- governance/votes/Executive vote - October 31, 2024.md | 2 +- 1 file changed, 1 insertion(+), 1 deletion(-) diff --git a/governance/votes/Executive vote - October 31, 2024.md b/governance/votes/Executive vote - October 31, 2024.md index ae4ce4c83..d246b7843 100644 --- a/governance/votes/Executive vote - October 31, 2024.md +++ b/governance/votes/Executive vote - October 31, 2024.md @@ -64,7 +64,7 @@ If this executive proposal passes, then the Base Network SkyLink bridge for USDS - `l1BridgeCLKey`: BASE_TOKEN_BRIDGE (chainlog key for L1TokenBridge) - `l1BridgeImpCLKey`: BASE_TOKEN_BRIDGE_IMP (chainlog key for L1TokenBridgeImp) -More information on these contracts and on the bridge deployment process can be found at the [MakerDAO OP Token Bridge repository](https://github.com/makerdao/op-token-bridge/tree/0f935505c0dc74ce3db2a9998320a56119321814). +This will initialize a new SkyLink bridge that will facilitate bridging USDS and sUSDS between mainnet and Base. More information on these contracts and on the bridge deployment process can be found at the [MakerDAO OP Token Bridge repository](https://github.com/makerdao/op-token-bridge/tree/0f935505c0dc74ce3db2a9998320a56119321814). ### Star Allocation System Initialization for Spark From 5801cef66000934ed31e6bad8dfaf267c1d8b4c5 Mon Sep 17 00:00:00 2001 From: VoteWizard <139255802+VoteWizard@users.noreply.github.com> Date: Tue, 29 Oct 2024 11:38:05 -0200 Subject: [PATCH 08/12] Update governance/votes/Executive vote - October 31, 2024.md Co-authored-by: 0xldr <139177554+0xldr@users.noreply.github.com> --- governance/votes/Executive vote - October 31, 2024.md | 2 +- 1 file changed, 1 insertion(+), 1 deletion(-) diff --git a/governance/votes/Executive vote - October 31, 2024.md b/governance/votes/Executive vote - October 31, 2024.md index d246b7843..c84d1743d 100644 --- a/governance/votes/Executive vote - October 31, 2024.md +++ b/governance/votes/Executive vote - October 31, 2024.md @@ -96,7 +96,7 @@ If this executive proposal passes, then the [Star Allocation System](https://for - `ilkRegistry`: [0x5a464c28d19848f44199d003bef5ecc87d090f87](https://etherscan.io/address/0x5a464c28d19848f44199d003bef5ecc87d090f87) - Whitelist [Spark ALM Proxy](https://etherscan.io/address/0x1601843c5E9bC251A3272907010AFa41Fa18347E) on the LitePSM by calling `IPSMLike(MCD_LITE_PSM_USDC_A).kiss(almProxy: 0x1601843c5E9bC251A3272907010AFa41Fa18347E)`. -More information on these contracts can be found at the [dss-allocator repository](https://github.com/makerdao/dss-allocator/tree/226584d3b179d98025497815adb4ea585ea0102d); an overview of the system implementation can be found at the [README file](https://github.com/makerdao/dss-allocator/blob/226584d3b179d98025497815adb4ea585ea0102d/README.md) therein. +This will initialize the Spark Allocator System with a Maximum Debt Ceiling of 10,000,000 USDS and a fee of 5.2%. More information on these contracts can be found at the [dss-allocator repository](https://github.com/makerdao/dss-allocator/tree/226584d3b179d98025497815adb4ea585ea0102d); an overview of the system implementation can be found at the [README file](https://github.com/makerdao/dss-allocator/blob/226584d3b179d98025497815adb4ea585ea0102d/README.md) therein. ### Add new validators for [Median](https://docs.makerdao.com/smart-contract-modules/oracle-module/median-detailed-documentation) (Medianizer) From 524b734ae550458658089d2d1707f47cc1ccbbf6 Mon Sep 17 00:00:00 2001 From: VoteWizard <139255802+VoteWizard@users.noreply.github.com> Date: Tue, 29 Oct 2024 11:38:25 -0200 Subject: [PATCH 09/12] Update governance/votes/Executive vote - October 31, 2024.md Co-authored-by: 0xldr <139177554+0xldr@users.noreply.github.com> --- governance/votes/Executive vote - October 31, 2024.md | 2 ++ 1 file changed, 2 insertions(+) diff --git a/governance/votes/Executive vote - October 31, 2024.md b/governance/votes/Executive vote - October 31, 2024.md index c84d1743d..5112555c6 100644 --- a/governance/votes/Executive vote - October 31, 2024.md +++ b/governance/votes/Executive vote - October 31, 2024.md @@ -117,6 +117,8 @@ will be added to _each_ of the median contracts below: - WSTETH/USD at [0x2F73b6567B866302e132273f67661fB89b5a66F2](https://etherscan.io/address/0x2F73b6567B866302e132273f67661fB89b5a66F2) - MKR/USD at [0xdbBe5e9B1dAa91430cF0772fCEbe53F6c6f137DF](https://etherscan.io/address/0xdbBe5e9B1dAa91430cF0772fCEbe53F6c6f137DF) +These additions will ensure that a sufficient number of price sources are being used by the Medianizer to generate prices. + --- ## Resources From cb3e219ae8631591d6f4cbef8977287395034705 Mon Sep 17 00:00:00 2001 From: VoteWizard <139255802+VoteWizard@users.noreply.github.com> Date: Tue, 29 Oct 2024 12:01:14 -0200 Subject: [PATCH 10/12] Apply ldr suggestions --- governance/votes/Executive vote - October 31, 2024.md | 8 ++++---- 1 file changed, 4 insertions(+), 4 deletions(-) diff --git a/governance/votes/Executive vote - October 31, 2024.md b/governance/votes/Executive vote - October 31, 2024.md index 5112555c6..4e1fc55ed 100644 --- a/governance/votes/Executive vote - October 31, 2024.md +++ b/governance/votes/Executive vote - October 31, 2024.md @@ -88,10 +88,10 @@ If this executive proposal passes, then the [Star Allocation System](https://for - `buffer`: [0xc395D150e71378B47A1b8E9de0c1a83b75a08324](https://etherscan.io/address/0xc395D150e71378B47A1b8E9de0c1a83b75a08324) (AllocatorBuffer) - [`cfg`](https://github.com/makerdao/dss-allocator/blob/226584d3b179d98025497815adb4ea585ea0102d/deploy/AllocatorInit.sol#L62): - `ilk`: ALLOCATOR-SPARK-A - - `duty`: 1000000001607468111246255079 (5.2%) - - `gap`: 10,000,000 - - `maxLine`: 10,000,000 - - `ttl`: 86,400 seconds + - `duty`: **1000000001607468111246255079 (5.2%)** + - [`gap`](https://sky-atlas.powerhouse.io/#A.3.8.1.1.2.4.2_Target_Available_Debt_(gap)-c1e17312-3744-4360-81f4-03564f0dd09d|57eaf45219bea3b430c268bb): **10,000,000 DAI** + - [`maxLine`](https://sky-atlas.powerhouse.io/#A.3.8.1.1.2.4.1_Maximum_Debt_Ceiling_(line)-6f1a913d-9436-4b70-816b-e317672737d6|57eaf45219bea3b430c268bb): **10,000,000 DAI** + - [`ttl`](https://sky-atlas.powerhouse.io/#A.3.8.1.1.2.4.3_Ceiling_Increase_Cooldown_(ttl)-58f5315f-938f-464c-b2d2-f611145d469a|57eaf45219bea3b430c268bb): **86,400 seconds** - `allocatorProxy`: [0x3300f198988e4C9C63F75dF86De36421f06af8c4](https://etherscan.io/address/0x3300f198988e4C9C63F75dF86De36421f06af8c4) (SparkProxy) - `ilkRegistry`: [0x5a464c28d19848f44199d003bef5ecc87d090f87](https://etherscan.io/address/0x5a464c28d19848f44199d003bef5ecc87d090f87) - Whitelist [Spark ALM Proxy](https://etherscan.io/address/0x1601843c5E9bC251A3272907010AFa41Fa18347E) on the LitePSM by calling `IPSMLike(MCD_LITE_PSM_USDC_A).kiss(almProxy: 0x1601843c5E9bC251A3272907010AFa41Fa18347E)`. From 9dcfa84327cc2da347f3691136d951e42b3180e1 Mon Sep 17 00:00:00 2001 From: VoteWizard <139255802+VoteWizard@users.noreply.github.com> Date: Tue, 29 Oct 2024 12:08:25 -0200 Subject: [PATCH 11/12] Add JS and ldr suggestions --- governance/votes/Executive vote - October 31, 2024.md | 10 ++++++---- 1 file changed, 6 insertions(+), 4 deletions(-) diff --git a/governance/votes/Executive vote - October 31, 2024.md b/governance/votes/Executive vote - October 31, 2024.md index 4e1fc55ed..8bb551367 100644 --- a/governance/votes/Executive vote - October 31, 2024.md +++ b/governance/votes/Executive vote - October 31, 2024.md @@ -105,10 +105,10 @@ This will initialize the Spark Allocator System with a Maximum Debt Ceiling of 1 If this executive proposal passes, then _all_ validators below: -- ETH Global validator - 0xcfC62b2269521e3212Ce1b6670caE6F0e34E8bF3 -- Mantle validator - 0xFa6eb665e067759ADdE03a8E6bD259adBd1D70c9 -- Nethermind validator - 0x91242198eD62F9255F2048935D6AFb0C2302D147 -- Euler validator - 0x1DCB8CcC022938e102814F1A299C7ae48A8BAAf6 +- ETH Global validator - [0xcfC62b2269521e3212Ce1b6670caE6F0e34E8bF3](https://etherscan.io/address/0xcfC62b2269521e3212Ce1b6670caE6F0e34E8bF3) +- Mantle validator - [0xFa6eb665e067759ADdE03a8E6bD259adBd1D70c9](https://etherscan.io/address/0xFa6eb665e067759ADdE03a8E6bD259adBd1D70c9) +- Nethermind validator - [0x91242198eD62F9255F2048935D6AFb0C2302D147](https://etherscan.io/address/0x91242198eD62F9255F2048935D6AFb0C2302D147) +- Euler validator - [0x1DCB8CcC022938e102814F1A299C7ae48A8BAAf6](https://etherscan.io/address/0x1DCB8CcC022938e102814F1A299C7ae48A8BAAf6) will be added to _each_ of the median contracts below: @@ -119,6 +119,8 @@ will be added to _each_ of the median contracts below: These additions will ensure that a sufficient number of price sources are being used by the Medianizer to generate prices. +For more details about the Oracle Module, you can refer to this [link](https://docs.makerdao.com/smart-contract-modules/oracle-module#id-3.-key-mechanism-and-concepts). + --- ## Resources From 820339cf860e625924811f181062851d7e25b610 Mon Sep 17 00:00:00 2001 From: VoteWizard <139255802+VoteWizard@users.noreply.github.com> Date: Tue, 29 Oct 2024 13:34:54 -0200 Subject: [PATCH 12/12] Adding Ecosystem Approvals --- governance/votes/Executive vote - October 31, 2024.md | 6 +++--- 1 file changed, 3 insertions(+), 3 deletions(-) diff --git a/governance/votes/Executive vote - October 31, 2024.md b/governance/votes/Executive vote - October 31, 2024.md index 8bb551367..5c5834944 100644 --- a/governance/votes/Executive vote - October 31, 2024.md +++ b/governance/votes/Executive vote - October 31, 2024.md @@ -33,7 +33,7 @@ If this executive proposal does not pass within 30 days, then it will expire and ### Base Network SkyLink Bridge Initialization for USDS and sUSDS -- **Authorization**: [TBC]() +- **Authorization**: [Ecosystem Approval](http://forum.sky.money/t/spell-contents-2024-10-31/25421/6) - **Proposal**: [Forum Post](https://forum.sky.money/t/spell-contents-2024-10-31/25421) If this executive proposal passes, then the Base Network SkyLink bridge for USDS and sUSDS will be initialized by calling [`TokenBridgeInit.initBridges`](https://github.com/makerdao/op-token-bridge/blob/0f935505c0dc74ce3db2a9998320a56119321814/deploy/TokenBridgeInit.sol#L63) with its parameters set as follows: @@ -68,7 +68,7 @@ This will initialize a new SkyLink bridge that will facilitate bridging USDS and ### Star Allocation System Initialization for Spark -- **Authorization**: [TBC]() +- **Authorization**: [Ecosystem Approval](http://forum.sky.money/t/spell-contents-2024-10-31/25421/6) - **Proposal**: [Forum Post](https://forum.sky.money/t/spell-contents-2024-10-31/25421) If this executive proposal passes, then the [Star Allocation System](https://forum.sky.money/t/star-allocation-system-framework/25325) for Spark will be initialized by executing the actions below: @@ -100,7 +100,7 @@ This will initialize the Spark Allocator System with a Maximum Debt Ceiling of 1 ### Add new validators for [Median](https://docs.makerdao.com/smart-contract-modules/oracle-module/median-detailed-documentation) (Medianizer) -- **Authorization**: [TBC]() +- **Authorization**: [Ecosystem Approval](http://forum.sky.money/t/spell-contents-2024-10-31/25421/6) - **Proposal**: [Forum Post](https://forum.sky.money/t/spell-contents-2024-10-31/25421) If this executive proposal passes, then _all_ validators below: