[GIP-277] Reschedule and improve expiration flow of V3.0 Ethereum markets & Activate two chains
AI summary
This proposal aims to sunset (deactivate) all existing Credit Accounts on Gearbox's older V3.0 platform on Ethereum by February 3, 2026. It sets a hard deadline for users to migrate their accounts to the newer V3.1 system. Any accounts not migrated by this date will be automatically closed, with liquidation premiums returned to users.
If passed, users with Credit Accounts on Gearbox V3.0 will need to migrate to V3.1 before February 3, 2026, to avoid automatic closure. This benefits the DAO by streamlining operations and focusing resources on the newer, more efficient V3.1 system. Liquidity Providers (LPs) are unaffected and can withdraw their funds at any time.
Voting results
Votes over time
x-axis = % of voting window elapsed · y-axis = cumulative VP per choice
🐳 Whale votes
8 votes > 5% VPFull proposal
Summary
This proposal reschedules the expiration date for the sunset of all Credit Accounts in v3.0 markets on Ethereum, applies non-zero limits to allow manual unwinds for specific tokens and switches deprecated rswETH feed.
The objective is to migrate all remaining activity to v3.1. Any Credit Account that does not migrate before the expiration date will be closed automatically. Liquidation premiums will be returned to users.
LPs are unaffected and may withdraw liquidity at any time.
Motivation
Continuing to support multiple protocol versions creates unnecessary operational overhead …