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enable Reserve (under governance) to sell asset via Auction #7087

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Chris-Hibbert opened this issue Feb 27, 2023 · 0 comments
Open

enable Reserve (under governance) to sell asset via Auction #7087

Chris-Hibbert opened this issue Feb 27, 2023 · 0 comments
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auction enhancement New feature or request Inter-protocol Overarching Inter Protocol vaults_triage DO NOT USE Vaults VaultFactor (née Treasury)

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@Chris-Hibbert
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What is the Problem Being Solved?

The current design for VaultLiquidation (#7047) may result in collateral accumulating in the reserve.

Description of the Design

The Reserve should acquire the ability to send assets to the Auction for liquidation, at the behest of its governing contract.

Security Considerations

governance issues, and economic considerations.

Scaling Considerations

Scaling is not an issue. This would be occasional, committee-directed messages, resulting in more assets for the Auction to dispose of. The auction will already be running regularly.

Test Plan

Verify that governance can invoke the new functionality. Notice ##7072.

@Chris-Hibbert Chris-Hibbert added enhancement New feature or request Inter-protocol Overarching Inter Protocol Vaults VaultFactor (née Treasury) labels Feb 27, 2023
@Chris-Hibbert Chris-Hibbert self-assigned this Feb 27, 2023
@ivanlei ivanlei added the vaults_triage DO NOT USE label Mar 2, 2023
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Labels
auction enhancement New feature or request Inter-protocol Overarching Inter Protocol vaults_triage DO NOT USE Vaults VaultFactor (née Treasury)
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