ETH Price: $1,892.22 (+0.94%)
Gas: 0.005 Gwei

Transaction Details

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BaseScan Transaction Action
Call Propose Function by 0x6D0C9128...8F458fe0A on Seamless Protocol: Governor Short Proxy
Transaction Hash:
0x6774348dde160ac6e8d552230f063f7e25cf61474eae6bef72594d3535b2ae22
Status:
Success
Block:
21058922 Confirmed by Sequencer
Timestamp:
Sponsored:
Ad
L1 State Batch Index:
11699
From:
0x6D0C9128165A7BF2A2072319129D49D8F458fe0A
To:
0x8768c789C6df8AF1a92d96dE823b4F80010Db294 (Seamless Protocol: Governor Short Proxy)
Value:
0 ETH ($0.00)
Transaction Fee:
0.000007366858971099 ETH
Gas Price:
0.007350804 Gwei (0.000000000007350804 ETH)
ETH Price:
$2,629.02 / ETH
Gas Limit & Usage by Txn:
734,769 | 531,960 (72.4%)
Gas Fees:
Base: 0.006663424 Gwei |Max: 0.014018326 Gwei |Max Priority: 0.00068738 Gwei
L2 Fees Paid:
0.00000391033369584 ETH
L1 Fees Paid:
0.000003456525275259 ETH
L1 Gas Price:
0.00000004782178681 ETH (47.82178681 Gwei)
L1 Gas Used by Txn:
31,855
L1 Fee Scalar:
0
Other Attributes:
Txn Type: 2 (EIP-1559) Nonce: 65 Position In Block: 99
Input Data:
Private Note:
To access the Private Note feature, you must be Logged In
Invoked Transactions
  Type Trace Address From   To Value Gas Limit
AA Txn Hash Method Position From Internal Txns Token Txns NFT Txns Txn Fee (ETH) Gas Limit
Transaction Receipt Event Logs
199
Address
0x8768c789c6df8af1a92d96de823b4f80010db294 (Seamless Protocol: Governor Short Proxy)
Name

ProposalCreated (uint256 proposalId, address proposer, address[] targets, uint256[] values, string[] signatures, bytes[] calldatas, uint256 voteStart, uint256 voteEnd, string description)View Source

Topics
  • 0 0x7d84a6263ae0d98d3329bd7b46bb4e8d6f98cd35a7adb45c274c8b7fd5ebd5e0
Data
  • proposalId (uint256) :17899494948053290772993543162985716204969522571492052313591367088170210938522
  • proposer (address) :0x6D0C9128165A7BF2A2072319129D49D8F458fe0A
  • targets (address[]) :0x785c979EE8709060b3f71aEf4f2C09229DB90778
    0x1C7a460413dD4e964f96D8dFC56E7223cE88CD85
  • values (uint256[]) :0
    0
  • signatures (string[]) :

  • calldatas (bytes[]) :1E83409A000000000000000000000000639D2DD24304AC2E6A691D8C1CFF4A2665925FEE
    A9059CBB000000000000000000000000A1B5F2CC9B407177CD8A4ACF1699FA0B99955A220000000000000000000000000000000000000000000069E10DE76676D0800000
  • voteStart (uint256) :1729079991
  • voteEnd (uint256) :1729339191
  • description (string) :# [SIP-30] Protocol Rewards Refresh 5 ## Summary Platform reward emissions are ending on October 20th, 2024. Proposing an extension of the platform reward budget by drawing down on the SEAM in the short governor timelock and claiming more SEAM from the master emissions vesting smart contract. Proposal for platforms rewards are: - **Continue rewards?** YES - **Schedule?** To be consistent with previous requests, continuing the cadence of 60 days (~2 months) - starting 10/20/24 (ASAP given the governance process timelines). Community re-examination and discussion to occur once a month or as-needed, as reward schedules can be updated/modified by Community Guardian (as of [SIP-7] execution). - **Reward type?** Utilize primarily esSEAM (with a small SEAM budget that will default to esSEAM if not utilized) - **Amount?** Current suggestion is to continue the 500,000 SEAM budget and neither increase nor decrease rewards. This SEAM would be sourced from the Guardian (which has custodied SEAM for this specific reason) and the short governor timelock to be utilized as a two month budget across all existing/to-be-launched markets on Seamless Protocol during this time period ## Context and motivation TVL has remained fairly constant during the last six month period as the wider DeFi/Base/altcoin ecosystem experienced volatility. [Rewards refresh #4](https://seamlessprotocol.discourse.group/t/pcp-protocol-rewards-refresh-4-marching-ahead/542) benefited from continued Gauntlet Network community-level reward [optimization analysis 1](https://seamlessprotocol.discourse.group/t/gauntlet-monthly-protocol-rewards-allocation-recommendation-sep-2024/570). The current goal is to continue maintaining the TVL and growth of the protocol, with an enhanced focus on receiving recommendations from Gauntlet that may help further optimize these rewards. An important part of the platform is also continued updates on risk parameter adjustments, which is a parallel problem being discussed/solved via re-visiting the governance fast track approach as well as other potential third party collaborations (more to come here on this). This proposal suggests another reward budget renewal at the previous budget of 500,000 SEAM (holding steady from the previous request). The DAO will primarily convert 480,000 SEAM to esSEAM, with the remaining 20,000 SEAM available as liquid rewards. If there is any unused SEAM from this 20k, it will also be converted to esSEAM. As per before, rewards schedules will be based on recommendations from ecosystem partners/contributors, and this represents a maximum 2 month budget (it is possible less rewards are emitted during this time, and a “surplus” is run). ## Resources/References - Discourse discussion [here](https://seamlessprotocol.discourse.group/t/pcp-protocol-rewards-refresh-5-rewards-continuation/578) - This proposal is prepared with the [Seamless Governance Proposals tools](https://github.com/seamless-protocol/gov-proposals) - Proposal actions and tests can be found [here](https://github.com/seamless-protocol/gov-proposals/tree/main/proposals/sip_30_protocol_rewards_refresh_5)
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