Unpause Seize
01Summary
Proactive proposal to unpause liquidations on Compound V2 by setting seizePaused to true, enabling the Pause Guardian to pause liquidations for ~23 hours if needed before Proposal 119 execution, allowing users time to rebalance positions after cETH price feed restoration.
- Type
- parameter change
Key changes
- Set seizePaused parameter to true, enabling temporary pause of Compound V2 market liquidations(high)
- Pause duration limited to ~23 hours instead of standard 7-day governance process(high)
- Provides time for users and downstream protocols to rebalance positions after cETH price feed restoration(medium)
Notable concerns
- Pause Guardian discretion required - proposal will be canceled if Guardian determines pausing is unnecessary
- Temporary market disruption possible during ~23 hour liquidation pause period
Generated by Kvorum
02Description
Unpause Seize
This is a proactive proposal to unpause Compound V2 market liquidations IF the Pause Guardian decides to pause liquidations ahead of the execution of Proposal 119. This ensures that a pause action will only last ~23 hours as opposed to the usual 7 day governance process.
The motivation for pausing liquidations is to ensure that any users or downstream protocols have ample time to rebalance their positions once the price feed for cETH is restored. The Pause Guardian will decide to pause only if it is necessary based on the market conditions and state of existing positions. If the Pause Guardian decides that pausing is unnecessary, this proposal will be canceled.
03Mismatch analysis
A calldata-vs-description analysis is not generated yet. Review the decoded actions →
04Actions
- Target
- 0x3d98…cd3b
- Value
- 0 wei
- Function
- _setSeizePaused(bool)
- Arguments
{ "0": true }- Calldata
05Tally
Summed from votes
06Voters
No votes recorded yet.
07Forum
No forum thread is confidently linked to this proposal.
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