0x6d226c9d73bbe7d29fb18bf2c96f80a15a08ce602a90c95d171617a065cfeeef
Transaction
Balance changes
Address | Token(s) swapped | Balance | Price | Value change | |
---|---|---|---|---|---|
| ETH | +$408.93 | |||
Ether | +0.112308 | | +$408.93 | ||
| ETH | -$408.93 | |||
Ether | -0.112308 | | -$408.93 |
Invocation flow
Full trace
- 0CALL749780 gas [RECV] Inverse Governor Alpha.propose (targets=[4 elements], values=[4 elements], signatures=[4 elements], calldatas=[4 elements], description=# Distribute INV staking rewards to INV-ETH Uniswap LPs and DOLA-3CRV Curve LPs DESCRIPTION I propose two simultaneous 30-day staking reward events - INV-ETH Uniswap LP token staking for a total of 1000 INV - DOLA-3CRV Curve LP token staking for a total of 200 INV RATIONALE With INV listings pending for Anchor, Fuse, and potentially Cream, there is currently insufficient liquidity (< $1m) in the INV-ETH pool to safely service this usage. Additionally, if INV is used as collateral to borrow an asset (say DOLA or ETH) and the INV price goes down, a liquidator repays the loan (in DOLA or ETH) to get INV, the liquidator will be forced to sell INV at a discount to their target asset, crashing the price of INV Since DOLA-ETH staking ended, DOLA liquidity and demand have plummeted. As incentives for supplying ETH on Anchor are about to go into effect, a new DOLA staking incentive would incentivize Anchor ETH suppliers to borrow DOLA and stake on Curve, generating borrowing interest revenue to the treasury and boosting DOLA liquidity. Thanks to Curve's low IL risk, Anchor DOLA borrowers face significantly lower risk when LP-ing and therefore the reward rate is reduced from the previous staking event's 625 INV to 50 INV per week. These incentives buy us time (1 month) to finish development and execution of LP token auctions.) (14)
- 1SLOAD
- 2STATICCALL4080 gas Inverse DAO.getPriorVotes (account=[SEND] 0x3fcb35a1cbfb6007f9bc638d388958bc4550cb28, blockNumber=12106013) (8067912535734896144387)
- 11SHA30x0000000000000000000000003fcb35a1cbfb6007f9bc638d388958bc4550cb2800000000000000000000000000000000000000000000000000000000000000040x0aaa28411228434a4884081cb49a81d187a7427db379be3f08d2716feac063f0
- 12
- 13SLOAD
- 14SHA30x000000000000000000000000000000000000000000000000000000000000000c00000000000000000000000000000000000000000000000000000000000000030xd56a60595ebefebed7f22dcee6c2acc61b06cf8c68e84c88677840365d1ff92b
- 15SLOAD(proposals[12].canceled, proposals[12].executed) (false, false)
- 16SLOADproposals[12].startBlock 12079642
- 17SLOADproposals[12].endBlock 12096922
- 18SLOADproposals[12].againstVotes 18000087297825580327
- 19SLOADproposals[12].forVotes 16286903111941089189774
- 20SLOADproposals[12].forVotes 16286903111941089189774
- 21SLOADproposals[12].eta 1616721497
- 22SLOAD(proposals[12].canceled, proposals[12].executed) (false, false)
- 23SLOADproposals[12].eta 1616721497
- 24
- 25STATICCALL227 gas Timelock.GRACE_PERIOD () (1209600)
- 26SLOAD
- 27SSTOREproposalCount 13 to 14
- 28SLOAD
- 29SHA30x000000000000000000000000000000000000000000000000000000000000000e00000000000000000000000000000000000000000000000000000000000000030xd6ebcc64c739277b117ce359e436534b234b76e914c80ad276abf5b562078939
- 30SSTOREproposals[14].id 0 to 14
- 31
- 32
- 33SSTORE
- 34SLOAD
- 35SSTORE
- 36SHA30xd6ebcc64c739277b117ce359e436534b234b76e914c80ad276abf5b56207893c0x02d1f34c9df58826853c6b9f0db87b31bd4bca826ad2e5f1f70180e71460443c
- 37
- 38
- 39
- 40
- 41
- 42
- 43
- 44
- 45SLOAD
- 46SSTOREproposals[14].values[length] 0 to 4
- 47SHA30xd6ebcc64c739277b117ce359e436534b234b76e914c80ad276abf5b56207893d0x215c2e991bac077644038078991e7e98b6a77678c4084bd5f7c830df63325f5e
- 48SSTORE
- 49SSTORE
- 50SSTORE
- 51SSTORE
- 52SLOAD
- 53SSTORE
- 54SHA30xd6ebcc64c739277b117ce359e436534b234b76e914c80ad276abf5b56207893e0x8bfb791e2cbd166de9b82dba41855146818f42019f327a16482ad9599265dbc7
- 55SLOAD
- 56SHA30x8bfb791e2cbd166de9b82dba41855146818f42019f327a16482ad9599265dbc70x8ae722e819a1d629eb885fc5b939495071469f944bf9d3ab4296b171967c7bcd
- 57SSTORE(proposals[14].signatures[0][data], proposals[14].signatures[0][length]) ("" to "transfer(address,uint256)", 0 to 25)
- 58SLOAD
- 59SHA30x8bfb791e2cbd166de9b82dba41855146818f42019f327a16482ad9599265dbc80x5e4d8aa13e9d9faf27981f1d903fe4ed57dfb6e6fb6e900e57b2b3045037c6c1
- 60SSTORE
- 61SSTOREproposals[14].signatures[1][0] " " to "notifyRewardAmount(uint256,uint2"
- 62SSTOREproposals[14].signatures[1][1] " " to "56) "
- 63SLOAD
- 64SHA30x8bfb791e2cbd166de9b82dba41855146818f42019f327a16482ad9599265dbc90xeaa6839df4dc9a9d5c223a7dd3320bb0a02a16b86455946a7957457a46a30023
- 65SSTORE(proposals[14].signatures[2][data], proposals[14].signatures[2][length]) ("" to "transfer(address,uint256)", 0 to 25)
- 66SLOAD
- 67SHA30x8bfb791e2cbd166de9b82dba41855146818f42019f327a16482ad9599265dbca0x4f71517f5ef5c241e9da6fba2bc61e6c91be91f80f95a4a33b0f33d3b581cffa
- 68SSTORE
- 69SSTOREproposals[14].signatures[3][0] " " to "notifyRewardAmount(uint256,uint2"
- 70SSTOREproposals[14].signatures[3][1] " " to "56) "
- 71SLOAD
- 72SSTORE
- 73SHA30xd6ebcc64c739277b117ce359e436534b234b76e914c80ad276abf5b56207893f0x9303480b29d7df3d137e9a6f10d4b724f77f2f41606e690a4996b32e0a152a36
- 74SLOAD
- 75SHA30x9303480b29d7df3d137e9a6f10d4b724f77f2f41606e690a4996b32e0a152a360xd0d080ea4e0a5a0c5b6955b2c21d1e9504f2d30dab4765814eb02fd291c8d223
- 76SSTORE
- 77SSTOREproposals[14].calldatas[0][0] 0x0000000000000000000000000000000000000000000000000000000000000000 to 0x0000000000000000000000004581958737c58a632621c82095664de7f4f5a9f4
- 78SSTOREproposals[14].calldatas[0][1] 0x0000000000000000000000000000000000000000000000000000000000000000 to 0x00000000000000000000000000000000000000000000003635c9adc5dea00000
- 79SLOAD
- 80SHA30x9303480b29d7df3d137e9a6f10d4b724f77f2f41606e690a4996b32e0a152a370x7034eeba7b5169ee372c7a3719695ae20e6d422ce16b977b64a3aefeea4148b8
- 81SSTORE
- 82SSTOREproposals[14].calldatas[1][0] 0x0000000000000000000000000000000000000000000000000000000000000000 to 0x00000000000000000000000000000000000000000000003635c9adc5dea00000
- 83SSTOREproposals[14].calldatas[1][1] 0x0000000000000000000000000000000000000000000000000000000000000000 to 0x00000000000000000000000000000000000000000000000000000000002819a0
- 84SLOAD
- 85SHA30x9303480b29d7df3d137e9a6f10d4b724f77f2f41606e690a4996b32e0a152a380x61cb36b59594fb3e023f02ccd23e484233b7a02add3385317cb534a0dee9fe73
- 86SSTORE
- 87SSTOREproposals[14].calldatas[2][0] 0x0000000000000000000000000000000000000000000000000000000000000000 to 0x000000000000000000000000a88948217f21175337226d94f1a47b7a01eed197
- 88SSTOREproposals[14].calldatas[2][1] 0x0000000000000000000000000000000000000000000000000000000000000000 to 0x00000000000000000000000000000000000000000000000ad78ebc5ac6200000
- 89SLOAD
- 90SHA30x9303480b29d7df3d137e9a6f10d4b724f77f2f41606e690a4996b32e0a152a390xd4e23faac38d0a199e2709e11e47acd4568544b2f4d6437af532c78b44a59bcf
- 91SSTORE
- 92SSTOREproposals[14].calldatas[3][0] 0x0000000000000000000000000000000000000000000000000000000000000000 to 0x00000000000000000000000000000000000000000000000ad78ebc5ac6200000
- 93SSTOREproposals[14].calldatas[3][1] 0x0000000000000000000000000000000000000000000000000000000000000000 to 0x00000000000000000000000000000000000000000000000000000000002819a0
- 94SSTOREproposals[14].startBlock 0 to 12106015
- 95SSTOREproposals[14].endBlock 0 to 12123295
- 96SSTORE
- 97SSTORE
- 98SLOAD(proposals[14].canceled, proposals[14].executed) (false, false)
- 99SSTORE(proposals[14].canceled, proposals[14].executed) (false, false)
- 100SLOAD(proposals[14].canceled, proposals[14].executed) (false, false)
- 101SSTORE(proposals[14].canceled, proposals[14].executed) (false, false)
- 102SHA30x0000000000000000000000003fcb35a1cbfb6007f9bc638d388958bc4550cb2800000000000000000000000000000000000000000000000000000000000000040x0aaa28411228434a4884081cb49a81d187a7427db379be3f08d2716feac063f0
- 103SSTORE
- 104LOGProposalCreated (id=14, proposer= 0x3fcb35a1cbfb6007f9bc638d388958bc4550cb28, targets=[4 elements], values=[4 elements], signatures=[4 elements], calldatas=[4 elements], startBlock=12106015, endBlock=12123295, description=# Distribute INV staking rewards to INV-ETH Uniswap LPs and DOLA-3CRV Curve LPs DESCRIPTION I propose two simultaneous 30-day staking reward events - INV-ETH Uniswap LP token staking for a total of 1000 INV - DOLA-3CRV Curve LP token staking for a total of 200 INV RATIONALE With INV listings pending for Anchor, Fuse, and potentially Cream, there is currently insufficient liquidity (< $1m) in the INV-ETH pool to safely service this usage. Additionally, if INV is used as collateral to borrow an asset (say DOLA or ETH) and the INV price goes down, a liquidator repays the loan (in DOLA or ETH) to get INV, the liquidator will be forced to sell INV at a discount to their target asset, crashing the price of INV Since DOLA-ETH staking ended, DOLA liquidity and demand have plummeted. As incentives for supplying ETH on Anchor are about to go into effect, a new DOLA staking incentive would incentivize Anchor ETH suppliers to borrow DOLA and stake on Curve, generating borrowing interest revenue to the treasury and boosting DOLA liquidity. Thanks to Curve's low IL risk, Anchor DOLA borrowers face significantly lower risk when LP-ing and therefore the reward rate is reduced from the previous staking event's 625 INV to 50 INV per week. These incentives buy us time (1 month) to finish development and execution of LP token auctions.)
-