stage: Last Call
Grant optimistic approval the rate limited ability to mint FEI, to continue to fund DAO operations like FIP-13 lending deployments and potentially Liquidity-as-a-Service
As part of FIP-X, Optimistic approval was granted 50M FEI for FIP-13 lending deployments. To date it has used over 40M, and will need a refund soon.
Instead of continually going back to the DAO to ask for more funding, Fei Protocol can deploy a contract which allows the OA timelock to mint FEI periodically with a hard rate limit on the amount minted. These mintings will still be subject to the 4 day timelock, but would not require governance intervention.
Deploy a RateLimitedMinter for Optimistic Approval which can mint up to 100M FEI per month, for operational usage strictly to be authorized by TRIBE holders via snapshot. This includes frameworks such as FIP-13 and potentially LaaS.
In addition to veto protection by DAO and guardian, the rate limit will be enforced in code to prevent excessive malicious minting.
- In favor as-is (100M FEI/month max)
- In favor with more conservative params (lower rate limit)
- In favor with more aggressive params (higher rate limit)
- Not in favor