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Gearbox · closed proposal

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

0xab02…a6D8·ended 27d ago·Discussion ↗·LOW RISK
🐳 Whale activity
Voters
12
GEAR voted
169.27M
Token price

AI summary

This proposal aims to reduce the attack surface of the Gearbox protocol by cleaning up old, unused components. It will decommission the legacy V3.0 markets, which currently have no active users or debt, by removing all administrative controls and the ability to update them. Additionally, it will prevent the deployment of obsolete integration and price-feed contracts by forbidding their code in the BytecodeRepository. These actions are precautionary and do not affect any current users or active markets.

Impact

If this proposal passes, the Gearbox protocol will be more secure by eliminating potential vulnerabilities associated with unused code and administrative roles. No users will be directly affected as the components being removed are already inactive. The DAO benefits from a reduced need for auditing and bug bounty scope, without any operational costs.

Read full proposal on Snapshot

Voting results

Quorum
169.27M / 200.00M GEAR(85%)
For169.27M (100.0%)
Against0 (0.0%)
Abstain0 (0.0%)
169.27M GEAR · 12 votersblock 25388874

Votes over time

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

🐳 Whale votes

8 votes > 5% VP
0xb9b7…ceea
27d ago · voted For
46.9%
65.35M VP
0xaa16…6c17
28d ago · voted For
97.2%
40.00M VP
0x8cc8…ae34
27d ago · voted For
17.7%
29.88M VP
0xf3d4…d89e
27d ago · voted For
13.2%
18.34M VP
0xab02…a6d8
27d ago · voted For
10.4%
14.55M VP
0xb3bf…6ce4
1mo ago · voted For
53.7%
579.90K VP
0x4fff…ba70
1mo ago · voted For
46.3%
500.00K VP
0x659f…dadc
1mo ago · voted For
6.0%
69.48K 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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