GeGearbox
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[GIP-268] Allow Credit Account migration from all DAO-governed pools; Improve liquidity for L2 markets

Published

10/29/2025, 6:58:44 PM

Closes

11/1/2025, 6:58:44 PM

Votes

14

Voting Type

basic

Quorum

200,000,000

Proposal Content

Summary

Author desnake Summary Previously, CA migration was enabled only for wstETH and WETH pools, as they were the only ones with active curators on Mainnet. This GIP requests DAO app...

Author

desnake


Summary

Previously, CA migration was enabled only for wstETH and WETH pools, as they were the only ones with active curators on Mainnet.

This GIP requests DAO approval to enable CA migration for stablecoin and bitcoin pools by connecting migration adapters to all Credit Managers in those markets.

Additionally, this GIP includes adapter configuration updates on L2s (Arbitrum and Optimism) to ensure there is sufficient liquidity available for liquidations.


Motivation

Gearbox has made significant progress in onboarding new curators and battle-testing the permissionless architecture.
Allowing CA migration for all existing legacy pools is a necessary step toward completing the transition to this model.


Specification

Mainnet

Add migration adapters to the following Credit Managers

  1. DAI Tier 1
  2. Trade WBTC Tier 1
  3. Trade WBTC Tier 2
  4. Trade WBTC Tier 3
  5. Trade USDC Tier 1
  6. Trade USDC Tier 2
  7. Trade USDC Tier 3
  8. Farm USDC
  9. crvUSD Tier 1
  10. tBTC Correlated Tier 1
  11. tBTC Correlated Tier 2
  12. Trade tBTC Tier 1
  13. GHO Tier 1
  14. Trade DOLA Tier 1
  15. USDT Tier 1
  16. Universal USDT Tier 1

Add OBOL and SSV tokens to Chaos Labs' wstETH v3 market

To allow DVstETH users in the old market to claim and withdraw rewards, it is proposed to add OBOL and SSV tokens to the wstETH v3 pool with:

  • Quota limit: 0
  • Price feed: ZERO
  • Liquidation threshold (LT): 0%

Arbitrum

Trade WETH Tier 1 & Tier 2 (Arbitrum) Credit Managers

  • Allow a pool in Uniswap V3 adapter
    • token0: cbETH
    • token1: WETH
    • fee: 0.3%

Trade WETH Tier 2 (Arbitrum) Credit Manager

  • Allow Balancer V2 adapter for
    • Pool: wstETH/cbETH/rETH
    • Pool ID: 0x4a2f6ae7f3e5d715689530873ec35593dc28951b000000000000000000000481

Optimism

WETH Tier 1 & Trade WETH Tier 2 (Optimism) Credit Managers

  • Allow a pool in Uniswap V3 adapter
    • token0: wstETH
    • token1: ezETH
    • fee: 0.01%

Transaction log:

Tx log can be found here
Md5 checksums are:

  • Mainnet:
    • 8d1527ccd87d6f2be88d35feace46700
    • 22867422f6fff66d82664f5d94405f92
  • Arbitrum:
    • af969d099d39dd22987916665a8e290d
  • Optimism:
    • 70ea06cead36b153b120a6c13eddcf2c

Voting Results

Passed
ForLeading100.0%

213.26M

Against0.0%

0

Abstain0.0%

0

Total Votes

14

Total Score

213.26M

Quorum200.00MQuorum met

Source Links

[GIP-268] Allow Credit Account migration from all DAO-governed pools; Improve liquidity for L2 markets | UnderTide