Safety Module Activation #166

ElliotFriedman · 2024-03-31T04:39:20Z

Draft

Awaiting reward speed numbers.

Signed-off-by: Elliot <[email protected]>

src/proposals/mips/mip-b16/mip-b16.sol

…cts-v2 into feat/mip-b26

openzeppelin-code · 2024-04-01T22:12:14Z

Safety Module Activation

Generated at commit: a569a07836433b19404cf5f857623c1f19c7e985

🚨 Report Summary

	Severity Level	Results
Contracts	Critical High Medium Low Note Total	3 2 0 14 44 63
Dependencies	Critical High Medium Low Note Total	0 0 0 0 0 0

For more details view the full report in OpenZeppelin Code Inspector

…-contracts-v2 into feat/mip-b26

ElliotFriedman · 2024-04-01T23:18:08Z

Multichain governor calldata:

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Signed-off-by: Elliot <[email protected]>

…oller Signed-off-by: Elliot <[email protected]>

Signed-off-by: Elliot <[email protected]>

ElliotFriedman · 2024-04-01T23:22:07Z

command to generate calldata:

 DO_TEARDOWN=true DO_VALIDATE=true DO_PRINT=true DO_BUILD=true DO_RUN=true forge script src/proposals/mips/mip-b16/mip-b16.sol:mipb16 --fork-url base

anajuliabit · 2024-04-01T23:45:07Z

Governor multichain proposal calldata
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anajuliabit · 2024-04-01T23:49:01Z

Governor multichain proposal calldata
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ElliotFriedman · 2024-04-02T00:01:07Z

 Governor multichain proposal calldata
  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 

Proposal Description:

# MIP-B16 Base Safety Module Activation

**Authors**: Elliot, Ana

**Summary**

This proposal aims to activate reward emissions for the new Safety Module on
Base, incentivizing users to help secure the Moonwell protocol through staking
and participate in onchain governance.

**Overview**

The Moonwell community has recently approved the implementation of a new
multichain governor contract to govern the Moonwell protocol. Additionally, a
new Base native WELL token utilizing the xERC20 token standard has been approved
for usage, which is a significant milestone for the community. By adopting this
new Base native WELL token, tokenholders will soon be able to stake their WELL
directly on Base and vote in onchain governance. A new Safety Module has already
been deployed on Base and is registered in the Multichain Vote Collection
contract as a source of voting power, allowing users securing the protocol to
participate in governance. Initially, rewards were set to 0 on the new Safety
Module on Base. This proposal aims to enable rewards for users in the Safety
Module with the new Base native WELL token.

**Implementation**

This proposal will set and fund rewards that will be distributed to all Safety
Module stakers on Base. Initial reward speeds will be set to the value
recommended by emissions admin Warden Finance of 0.8962755116489610000 WELL per
second. **Voting**

A "Yay" vote indicates your support for enabling reward emissions for the Safety
Module on Base, as outlined in this proposal. A "Nay" vote indicates your
opposition to enabling reward emissions for the Safety Module on Base.

**Conclusion**

Adding rewards to the Safety Module on Base creates incentives for users to
backstop the protocol with the new Base native WELL token. Staking WELL in the
Safety Module not only gives community members the ability to earn native yield
on their holdings, but also presents an easy way to get involved in governance
as WELL is automatically self delegated.

  

------------------ Proposal Actions ------------------
  1). Transfer xWELL rewards to Ecosystem Reserve Proxy on Base
  target: 0xA88594D404727625A9437C3f886C7643872296AE
value: 0
payload
Proposal type: Base

  0x23b872dd00000000000000000000000074cbb1e8b68ddd13b28684eca202a351afd45eaa00000000000000000000000065a633e8e379f9358c389c75ff1d913a92ab95b800000000000000000000000000000000000000000002a05345946e39fdfd0000
  

  2). Set reward speed for the Safety Module on Base
  target: 0xe66E3A37C3274Ac24FE8590f7D84A2427194DC17
value: 0
payload
Proposal type: Base

  0x398340250000000000000000000000000000000000000000000000000c7035d444b7c1e8000000000000000000000000e66e3a37c3274ac24fe8590f7d84a2427194dc17

anajuliabit · 2024-04-02T00:01:54Z

  Governor multichain proposal calldata
  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 

Proposal Description:

# MIP-B16 Base Safety Module Activation

**Authors**: Elliot, Ana

**Summary**

This proposal aims to activate reward emissions for the new Safety Module on
Base, incentivizing users to help secure the Moonwell protocol through staking
and participate in onchain governance.

**Overview**

The Moonwell community has recently approved the implementation of a new
multichain governor contract to govern the Moonwell protocol. Additionally, a
new Base native WELL token utilizing the xERC20 token standard has been approved
for usage, which is a significant milestone for the community. By adopting this
new Base native WELL token, tokenholders will soon be able to stake their WELL
directly on Base and vote in onchain governance. A new Safety Module has already
been deployed on Base and is registered in the Multichain Vote Collection
contract as a source of voting power, allowing users securing the protocol to
participate in governance. Initially, rewards were set to 0 on the new Safety
Module on Base. This proposal aims to enable rewards for users in the Safety
Module with the new Base native WELL token.

**Implementation**

This proposal will set and fund rewards that will be distributed to all Safety
Module stakers on Base. Initial reward speeds will be set to the value
recommended by emissions admin Warden Finance of 0.8962755116489610000 WELL per
second. **Voting**

A "Yay" vote indicates your support for enabling reward emissions for the Safety
Module on Base, as outlined in this proposal. A "Nay" vote indicates your
opposition to enabling reward emissions for the Safety Module on Base.

**Conclusion**

Adding rewards to the Safety Module on Base creates incentives for users to
backstop the protocol with the new Base native WELL token. Staking WELL in the
Safety Module not only gives community members the ability to earn native yield
on their holdings, but also presents an easy way to get involved in governance
as WELL is automatically self delegated.

  

------------------ Proposal Actions ------------------
  1). Transfer xWELL rewards to Ecosystem Reserve Proxy on Base
  target: 0xA88594D404727625A9437C3f886C7643872296AE
value: 0
payload
Proposal type: Base

  0x23b872dd00000000000000000000000074cbb1e8b68ddd13b28684eca202a351afd45eaa00000000000000000000000065a633e8e379f9358c389c75ff1d913a92ab95b800000000000000000000000000000000000000000002a05345946e39fdfd0000
  

  2). Set reward speed for the Safety Module on Base
  target: 0xe66E3A37C3274Ac24FE8590f7D84A2427194DC17
value: 0
payload
Proposal type: Base

  0x398340250000000000000000000000000000000000000000000000000c7035d444b7c1e8000000000000000000000000e66e3a37c3274ac24fe8590f7d84a2427194dc17

lyoungblood · 2024-04-02T00:04:11Z

I got:

Governor multichain proposal calldata
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Signed-off-by: Elliot <[email protected]>

total supply change implies sender has non zero buffer cap

Signed-off-by: Elliot <[email protected]>

ElliotFriedman · 2024-04-06T19:58:24Z

command to generate calldata:

DO_VALIDATE=true DO_PRINT=true DO_BUILD=true DO_RUN=true forge script src/proposals/mips/mip-b16/mip-b16.sol:mipb16 --fork-url base

calldata for multichain governor:

  Governor multichain proposal calldata
  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 

Proposal Description:

# MIP-B16 Base Safety Module Activation Resubmission

**Authors**: Elliot, Ana

## Simple Summary

The original proposal was approved but contained an error that prevented
successful execution on Moonbeam. This issue has been corrected in this
resubmission. If this proposal passes, the community can expect to have rewards
enabled for the Safety Module on Base on Thursday.

## Summary

This proposal aims to activate reward emissions for the new Safety Module on
Base, incentivizing users to help secure the Moonwell protocol through staking
and participate in onchain governance.

## Overview

The Moonwell community has recently approved the implementation of a new
multichain governor contract to govern the Moonwell protocol. Additionally, a
new Base native WELL token utilizing the xERC20 token standard has been approved
for usage, which is a significant milestone for the community. By adopting this
new Base native WELL token, tokenholders will soon be able to stake their WELL
directly on Base and vote in onchain governance. A new Safety Module has already
been deployed on Base and is registered in the Multichain Vote Collection
contract as a source of voting power, allowing users securing the protocol to
participate in governance. Initially, rewards were set to 0 on the new Safety
Module on Base. This proposal aims to enable rewards for users in the Safety
Module with the new Base native WELL token.

## Implementation

This proposal will set and fund rewards that will be distributed to all Safety
Module stakers on Base. Initial reward speeds will be set to the value
recommended by emissions admin Warden Finance of 0.8962755116489610000 WELL per
second. **Voting**

A "Yay" vote indicates your support for enabling reward emissions for the Safety
Module on Base, as outlined in this proposal. A "Nay" vote indicates your
opposition to enabling reward emissions for the Safety Module on Base.

## Conclusion

Adding rewards to the Safety Module on Base creates incentives for users to
backstop the protocol with the new Base native WELL token. Staking WELL in the
Safety Module not only gives community members the ability to earn native yield
on their holdings, but also presents an easy way to get involved in governance
as WELL is automatically self delegated.

  

------------------ Proposal Actions ------------------
  1). Transfer xWELL rewards to Ecosystem Reserve Proxy on Base
  target: 0xA88594D404727625A9437C3f886C7643872296AE
value: 0
payload
Proposal type: Base

  0x23b872dd00000000000000000000000074cbb1e8b68ddd13b28684eca202a351afd45eaa00000000000000000000000065a633e8e379f9358c389c75ff1d913a92ab95b8000000000000000000000000000000000000000000024e55a3c8a1ba0f000000
  

  2). Set reward speed for the Safety Module on Base
  target: 0xe66E3A37C3274Ac24FE8590f7D84A2427194DC17
value: 0
payload
Proposal type: Base

  0x398340250000000000000000000000000000000000000000000000000c7035d444b7c1e8000000000000000000000000e66e3a37c3274ac24fe8590f7d84a2427194dc17

lyoungblood · 2024-04-06T20:53:53Z

My generated calldata matches:

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anajuliabit · 2024-04-06T21:04:40Z

  Governor multichain proposal calldata
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The base branch was changed.

Merge branch 'main' of github.com:moonwell-fi/moonwell-contracts-v2 into feat/mip-b26

Signed-off-by: Elliot <[email protected]>

src/proposals/mips/mip-b16/mip-b16.sol

anajuliabit

LGTM

ElliotFriedman added 3 commits March 30, 2024 21:10

mip-b16

37b862b

Signed-off-by: Elliot <[email protected]>

add assets

be57de0

Signed-off-by: Elliot <[email protected]>

add deploy impl

f19b095

Signed-off-by: Elliot <[email protected]>

ElliotFriedman requested a review from anajuliabit March 31, 2024 04:39

anajuliabit requested changes Mar 31, 2024

View reviewed changes

src/proposals/mips/mip-b16/mip-b16.sol Outdated Show resolved Hide resolved

Merge branch 'feat/mip-b26' of github.com:moonwell-fi/moonwell-contra…

6d90898

…cts-v2 into feat/mip-b26

ElliotFriedman changed the base branch from gauntlet-mips-march to main April 1, 2024 21:53

ElliotFriedman changed the base branch from main to gauntlet-mips-march April 1, 2024 22:16

Merge branch 'gauntlet-mips-march' of github.com:moonwell-fi/moonwell…

3554007

…-contracts-v2 into feat/mip-b26

ElliotFriedman added 5 commits April 1, 2024 16:18

teardown before building and running

115fd0e

Signed-off-by: Elliot <[email protected]>

updated proposal description

fbd4e89

Signed-off-by: Elliot <[email protected]>

teardown not pure

0963c00

Signed-off-by: Elliot <[email protected]>

add approval transferFrom action from msig to ecosystem reserve contr…

e65a783

…oller Signed-off-by: Elliot <[email protected]>

fix imports

b6ebd1c

Signed-off-by: Elliot <[email protected]>

anajuliabit previously approved these changes Apr 2, 2024

View reviewed changes

ElliotFriedman and others added 7 commits April 2, 2024 15:19

remove unused import

0fcb7ce

Signed-off-by: Elliot <[email protected]>

total supply change implies sender has non zero buffer cap

a7f82ee

Merge pull request #168 from moonwell-fi/xwell-specification-improvement

3414876

total supply change implies sender has non zero buffer cap

remove teardown, add moonbeam propose simulation

450cb20

Signed-off-by: Elliot <[email protected]>

use only moonbeam or moonbase chainid to fetch wormhole core address

4c04710

Signed-off-by: Elliot <[email protected]>

index check gt

105702c

Signed-off-by: Elliot <[email protected]>

resubmission language

5583202

Signed-off-by: Elliot <[email protected]>

ElliotFriedman added 4 commits April 6, 2024 12:16

WELL amount updated

fa5ee03

Signed-off-by: Elliot <[email protected]>

naming -> resubmission

eba1c1c

Signed-off-by: Elliot <[email protected]>

run mip-b16

5762eb1

Signed-off-by: Elliot <[email protected]>

estimated go live date in simple summary of proposal text

a569a07

Signed-off-by: Elliot <[email protected]>

Base automatically changed from gauntlet-mips-march to main April 9, 2024 00:01

ElliotFriedman added 4 commits April 9, 2024 12:15

fix merge conflicts

2b69387

Merge branch 'main' of github.com:moonwell-fi/moonwell-contracts-v2 into feat/mip-b26

fix merge conflict

9506191

Signed-off-by: Elliot <[email protected]>

_runBase function arguments

42faeae

Signed-off-by: Elliot <[email protected]>

WORMHOLE_CORE_BASE

1a5bf53

Signed-off-by: Elliot <[email protected]>

ElliotFriedman commented Apr 9, 2024

View reviewed changes

src/proposals/mips/mip-b16/mip-b16.sol Outdated Show resolved Hide resolved

Update src/proposals/mips/mip-b16/mip-b16.sol

fc93592

anajuliabit approved these changes Apr 9, 2024

View reviewed changes

ElliotFriedman merged commit 6d9ae0a into main Apr 12, 2024
9 of 10 checks passed

ElliotFriedman deleted the feat/mip-b26 branch April 12, 2024 06:08

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