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Gearbox · closed proposal

[GIP-286] Protocol Surface Reduction: v3.0 admins and Obsolete Bytecode

0xab02…a6D8·ended 23d ago·Discussion ↗·LOW RISK
🐳 Whale activity
Voters
18
GEAR voted
340.50M
Token price

AI summary

This proposal aims to clean up the Gearbox protocol by removing outdated components. It will close down the legacy V3.0 markets, which currently have no active loans, by removing all administrative controls and preventing any future updates. Additionally, it will block the deployment of obsolete smart contracts and price feeds from the protocol's BytecodeRepository.

Impact

If passed, this proposal will reduce the protocol's attack surface and maintenance overhead by eliminating unnecessary administrative roles and preventing the use of old, unused code. This benefits the entire DAO by making the protocol more secure and efficient, with no negative impact on current users or active markets.

Read full proposal on Snapshot

Voting results

Quorum
340.50M / 200.00M GEAR(170%)
✓ Quorum met
For340.50M (100.0%)
Against0 (0.0%)
Abstain0 (0.0%)
340.50M GEAR · 18 votersblock 25415138

Votes over time

x-axis = % of voting window elapsed · y-axis = cumulative VP per choice

🐳 Whale votes

9 votes > 5% VP
0xb9b7…ceea
26d ago · voted For
67.6%
73.55M VP
0x2cc1…4df1
26d ago · voted For
26.3%
70.54M VP
0x6d52…a2d7
26d ago · voted For
16.6%
53.32M VP
0xaa16…6c17
26d ago · voted For
22.3%
41.40M VP
0x8cc8…ae34
26d ago · voted For
32.4%
35.28M VP
0x80f1…66bc
26d ago · voted For
15.2%
22.00M VP
0x4756…7840
26d ago · voted For
5.4%
18.26M VP
0x72b2…7ec2
26d ago · voted For
5.7%
11.19M VP
0x031d…a2aa
26d ago · voted For
7.3%
9.00M VP

Full proposal

Original markdown · Gearbox

Summary

This proposal bundles two precautionary cleanups that touch no live positions and affect no active market, user, or curator:

  1. Close the legacy V3.0 markets, where the pools now carry zero debt and borrowing is blocked: pause the controller, remove every pausable and unpausable admin, and remove governance's ability to queue further updates.
  2. Forbid the init code of obsolete integration and price-feed contracts in the BytecodeRepository so they can no longer be deployed.

Both actions shrink what the prot…

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