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[Proposal] 18: Pause Regulation#21

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emptysetsquad merged 2 commits intoemptysetsquad:masterfrom
0xm0shp1t:eip23
Apr 5, 2021
Merged

[Proposal] 18: Pause Regulation#21
emptysetsquad merged 2 commits intoemptysetsquad:masterfrom
0xm0shp1t:eip23

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@0xm0shp1t 0xm0shp1t commented Mar 13, 2021

Summary

Implements EIP-23

Description

EIP-23

EIP-23 marks the first proposal in the series to prepare for the Continuous ESD migration; it proposes the following changes

Regulation

  • Turn off core supply-expansion/contraction logic
  • Turn off stability reward (EIP-22)
  • Reset debt to 0

As a result of this implementation, the existing supply of ESD will be fixed, aside from the advance() reward

Lockups

  • Reset DAO lockups to 1 epoch
  • Unlocking coupon underlying to be redeemed immediately or at the owners convenience

Misc

  • Increases stability reward to 2.5e21 (2500 ESD)

Rewards

  • 2500 ESD to commiter
  • 200000 ESD to 0xm0shp1t

Status

Status: Committed
Implementation: 0x850D3864022b960ec313F120aCA7afe03dF3394D

emptysetsquad
emptysetsquad previously approved these changes Mar 15, 2021
@emptysetsquad emptysetsquad merged commit b4f24cb into emptysetsquad:master Apr 5, 2021
@0xm0shp1t 0xm0shp1t deleted the eip23 branch April 5, 2021 01:26
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2 participants