[Closed] Add Liquidator Proposal to liquidate COMP rewards

10 Likes

This is a great idea!

Love this idea! Massive opportunity to convert any earnings mStable’s collateral makes and push that to a APY, yearn style.

Let’s liquidate those COMP

2 Likes

The Liquidator has been deployed and the upgrade for 3 affected contracts is now pending in Governance by the core team.

Proposed upgrades:

  • Addition of a Liquidator module to sell $COMP (or $LEND) for mUSD (first Uniswap, then Curve)
  • Upgrading of CompoundIntegration to allow liquidation of COMP
  • Upgrading of SavingsManager to allow mUSD proceeds to be streamed to SAVE

Proposed upgrades have 1 week until they come into effect.

Smart Contracts:

2 Likes

The Liquidator was approved:

And deployed earlier this week: