Abstract
Multi-step rebalancing of protocol assets for Hyperbridge ETH compensation, across LoopStake, Treasury, and Foundation: ETH withdrawal and partial burn, vDOT conversion to fund Hyperbridge ETH reserves and USDT treasury reserves, and formal lock of remaining unreserved ETH.
Actions
| # |
Action |
From |
To |
Asset |
Amount |
| 1 |
Withdraw |
LoopStake |
Treasury |
ETH |
48,246,967,927,484,944,285 wei |
| 2 |
Burn |
Treasury |
0x000… |
ETH |
147,142,882,412,780,436,822 wei |
| 3 |
Transfer |
Treasury |
Foundation |
vDOT |
1,998,494,860,000,000 |
| 4 |
Swap → HP_ETH Reserve |
Foundation |
HP_ETH Reserve |
vDOT → ETH |
25,837,117,587,219,563,178 wei |
| 5 |
Swap → USDT |
Foundation |
Treasury |
Remaining vDOT → USDT |
— |
| 6 |
Lock (unreserved) |
— |
Treasury |
ETH |
37,013,781,696,597,899,473 wei |
Notes:
- Action 4: HP_ETH held until Hyperbridge resumes, then bridged back to bridge contract.
- Action 6: Designated unreserved — non-disbursable until reserve coverage is ratified in a subsequent proposal.