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Arbitrum · closed proposal

[CONSTITUTIONAL] Proposal: For Arbitrum DAO to register the Sky Custom Gateway contracts in the Router

0x583E…1ddD·ended 1y ago·Discussion ↗·LOW RISK
Voters
3,338
ARB voted
181.77M
≈$14.24M
Token price
$0.08

AI summary

This proposal asks the Arbitrum DAO to register Sky Custom Gateway contracts within the Arbitrum Router. This change would allow users to bridge USDS and sUSDS stablecoins to and from Arbitrum using the official Arbitrum Bridge user interface. Currently, these tokens are routed through default gateways, leading to a suboptimal user experience where bridging is disabled via the official UI.

Impact

If passed, users will be able to seamlessly transfer USDS and sUSDS stablecoins using the Arbitrum Bridge UI, improving the user experience for those interacting with the Sky ecosystem and Spark's upcoming liquidity and savings products on Arbitrum. This benefits users of USDS and sUSDS and the broader Arbitrum ecosystem by integrating these assets more smoothly. There are no clear losers.

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Voting results

For162.43M (89.4%)
Against32.67K (0.0%)
Abstain19.30M (10.6%)
181.77M ARB · ≈$14.24M · 3338 votersblock 317746456

🐳 Whale votes

0 votes > 5% VP
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Full proposal

Original markdown · Arbitrum

Constitutional

Abstract

SKY has launched support for USDS and sUSDS tokens on Arbitrum. This proposal requests Arbitrum DAO to register the Sky Custom Gateway contracts in the Router contracts to allow users bridging USDS and sUSDS through the official Arbitrum Bridge UI.

Motivation

SKY has formally introduced support for USDS and sUSDS tokens on the Arbitrum network, and Spark is set to soon launch Spark Liquidity Layer and Spark Savings (https://spark.fi). The Spark Liquidity Layer will deploy liquidity on Arbitrum to provide slippage-free liquidity for USDC, USDS, and sUSDS …

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