Protocol Governance
During beta multisig SAFE (currently composed of a 4/7 risk-assessment team) is used to manage protocol upgrades and risk assessment. Updates are made for both the BOB stablecoin and the associated zkBob application
The 4/7 threshold was established with GP 0 and updated with GP 4. Protocol updates are handled through the SAFE. For more info on governance see the BOB DAO page.
In addition to inventory management, the beta governance team also proposes and completes protocol updates. Details regarding specific updates are linked below.
GP stands for Governance Proposal.
GP # | Purpose | Transaction |
|---|---|---|
Increase SAFE multisig to 3/6. | ||
Instantiate BobVault (BobSwap) for beta testing. | ||
Upgrade Contracts to v1.0.0 based on Security Audit Findings. | ||
Enable BobVault (BobSwap) for public use. | ||
Increase Multisig to 4/7 and upgrade BOB on all networks | ||
Enable BobVault (BobSwap) on Ethereum mainnet. | ||
Upgrade zkBob to support direct deposits. | ||
Increase multichain inventory and update BobSwap | ||
Extend pool limits for KYC'd users | ||
Deactivate Kyberswap pairs (emergency measure) | ||
Reallocate previous Kyberswap inventory | ||
Add 24 hour timelock on Optimism | ||
Raise Polygon limits | ||
Launch BOB CDP | ||
Migrate BOB pool on Polygon to USDC | See GP 14 for multiple txs | |
Add KYB-tier limits on Optimism | ||
Remove excess inventory on BNB & Arbitrum | in process |
Last modified 1mo ago