Previous call
- Yield ops call #007 - 14 June was uneventful so no notes))
- Yield ops call #006 - 17 May 2022
Attendance
- Renfield
- Thomm
- Woodgast
- Max
- Wes
Agenda:
- RenBase grant
- New recurring meeting time
- StakeDAO
Meeting notes
-
RenBase grant
- RenBase prefers to receive stables so we need to do some swaps
- Discussed best way to execute, tried Rook as it gives the best quote and is a partner protocol, unfortunately it does not seem to work well with Gnosis Safe
- Decided to use CowSwap instead. Its a similar DEX aggregator with MEV protection, and build by Gnosis so interfaces well with the Gnosis Safe contract
- Plan:
- Exchange 12.6 renBTC to ~250k USDT using Cowswap
- Withdraw ~35k USD worth of Tricrypto2 from Convex
- Withdraw this Tricrypto2 as USDT from Curve
- Sent 285k USDT to RenBase wallet
- Executed this on the call and sent grant to RenBase:
- 1 USDT tx (test)
- 284,999 USDT tx
- Totaling full grant of 285k, fulfilling the grant payment
-
Did not have time to discuss the remaining topics, will be deferred to next meeting
Action items
- Renfield to post announcement in Discord
- Thomm to update tx ledger
- Agree on new recurring time for our calls
Tentative agenda next meeting
- StakeDAO
- Expanded responsibilities yield ops now that we are the ones that need to pay out the grants