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[EP4.5] [Executable] Endowment permissions to karpatkey - Update 3

Motivation

Following the successful approval of E.P. 4.2, the second tranche of the Endowment was funded with 16,000 ETH. Community feedback during the E.P. 4.2 voting window indicated a desire to reduce exposure to Lido due to concerns about centralization risks in the network. While diversifying ETH-neutral holdings was already underway, the need for further diversification and divestment from Lido became clear during community discussions and the last Meta-gov call before the vote's closure. Consequently, karpatkey and @steakhouse proposed a 20% cap on Lido's maximum allocation within the ETH-neutral portfolio, set to be achieved by month-end. This proposal's goal is to introduce new strategies for deploying the remaining 80% of the funds as well as other minor maintenance actions.

Specification

Permissions to be added in this proposal:

  1. Deposit ETH on Compound v3;
  2. Deposit ETH or WETH on AAVE v3;
  3. Deposit ETH or WETH on Spark Protocol;
  4. Stake (and unstake) ETH on Stader;
  5. Stake (and unstake) ETH on Ankr;
  6. Removal of CowSwap permissions;
  7. Removal of SushiSwap permissions;
  8. Addition of an alternative getReward() for Aura pools;
  9. Swaps:
    1. rETH <> WETH on Balancer;
    2. rETH <> WETH on Uniswap v3;
    3. ankrETH <> wstETH on Balancer;
    4. ETHx <> WETH on Balancer;
    5. ankrETH <> ETH on Curve;
    6. ETHx <> WETH on Pancake Swap

Auditing Process

We are releasing an updated version of the "Preset Permissions - ENS Endowment" document, highlighting all permissions granted to karpatkey, with proposed additions marked in green and revocations in red. We encourage community members with technical expertise to review and provide feedback on the preset update payload.

In the auditing realm, significant progress has been made, with a new version of the Zodiac Roles Modifier app developed by Gnosis Guild. When fully operational, this app will allow users to input a payload and check the before-and-after status of permissions presets, enhancing the auditing process.

Furthermore, we're actively engaged in collaborative efforts with potential partners to create a user-friendly audit report, enhancing openness for all stakeholders involved in the process. In our commitment to transparency, we're taking an additional step by offering a self-audit report. This report sheds light on our internal procedures for assessing proposed permissions and changes, providing further insight into our practices.

Discourse
#18036
Type
๐Ÿ‘ท Executable
Last Modified
2 months ago