Expand OA charter to allow more aggressive deployment of FEI in Fuse pools.
Various Fuse pools such as #6 and #8 have had high utilization (and therefore high possible yields) without being adequately addressed by OA’s FEI deployment powers (added in FIP-39). FIP-39 grants OA this power:
First, I recommend changing the utilization threshold to “above target on average over a week”, instead of a week straight, in order to allow OA more ability to generate yield for the protocol, and grant FEI borrowers lower rates.
Second, I feel that forcing a whitelist on every verified pool is unnecessary and slows growth. The pools have already received a form of approval from the Fuse team, and so we should use an exclude rather than include basis when deciding what Fuse pools we want to use.
For an initial exclude I recommend Vesper Finance, due to their previous mismanagement of their pool.
Change target utilization from “above target for a week straight” to “above target on average over a week”
Authorize OA to deploy FEI in all verified and non-excluded Fuse pools.
Establish an exclusion list to allow the DAO to prevent deployments in risky fuse pools, include Vesper pool 23 in this list. The exclusion list can be changed with a snapshot vote.
This will be an approval vote.
The options for the vote are as follows: do nothing, Change target utilization to average, Establish Exclusion List/Authorize YES, Establish Exclusion List/Authorize NO.