Dear governors, here’s the latest edition of governance updates from the engine room.
⚡ Snapshot Proposals (Time to vote!)
MCCP 21: Stake BPT staked in mStable into Balancer Staking contracts
- https://vote.mstable.org/#/proposal/0x18331093de8b4a50ba41374c3d7fa1b6832057c0d14d0b86d05cd42fa1b63f20
- Allow the deposited BPT from MTA stakers to be deposited into Balancer to gain exposure to BAL rewards
MIP 27: Upgrade Save Contract to comply with ERC-4626
- https://vote.mstable.org/#/proposal/0x63c47a999a33496a458bd9117ddabde5921189ca0e4f77060fb2332c5ac5957a
- Upgrading our existing imUSD and imBTC contracts to comply with the new ERC-4626 standard
TDP 39: Addendum to DTOP Liquidation
- https://vote.mstable.org/#/proposal/0xd6f39119d8247355c8432d771ed00d19cd33c6b850108cbb669a66d7277b2131
- Ratify on what to do with the assets resulting from our recent DTOP liquidation
TDP 40: Uniswap v3 Liquidity Deployment
- https://vote.mstable.org/#/proposal/0xab9506e0b8240e4a01d9e162512dda3d0d23010c8b2d845cf6ffcb5babe8b525
- Deploying MTA Liquidity on Uniswap v3 after the completion of our LaaS engagement with Ondo Finance
TDP 41: Discretionary Management of Funds in the AM subDAO
- https://vote.mstable.org/#/proposal/0x94d14ba9751de865c4c9a71e48e5afc649b3c654619b20a0d6b5298ee91a0afa
- Allow the Asset Management subDAO to manage pre-approved funds located in the Gnosis Safe on behalf of Meta Governors
💬 RFCs:
Continuing to provide liquidity for Coinbase mUSD listing
- https://forum.mstable.org/t/rfc-continuing-to-provide-liquidity-for-coinbase-musd-listing/860
- Source mUSD liquidity from the Asset Management subDAO to continue offering an interest-free loan to a market maker for supporting Coinbase liquidity of mUSD
Degen Loop mUSD through Curve
- https://forum.mstable.org/t/rfc-degen-loop-musd-through-curve/852
- Utilize the mUSD in Save to create multiple leveraged loops on Curve to increase liquidity and fees
Replace mUSD/3Pool with mUSD/4Pool
- https://forum.mstable.org/t/rfc-replace-musd-3pool-with-musd-4pool/849
- Replace the existing incentives for our mUSD/3pool on Curve with a new and interesting mUSD/4pool
May Governance Call
- Given the short timespan between the last Governance Call and this one, and the resulting lack of content, we have decided to schedule the May Edition of the call for Tuesday, the 10th of May 2022 at 4PM UTC
- RSVP for the event using this link!
As always, do check out the Discord for the latest updates! Special thanks to mZeroNine from the mStableDAO for compiling these updates.
