SIP6.3ACTIVEhubBasescheduleCreated May 29, 2026, 10:18 AM
Set ETH DAO Manage Vault Deposit Cap to 5,000 ETH
- Overview: Since the KELP Incident in Mid April, the Deposit Cap on the ETH DAO Managed Vault has been set to 0. Effectively disabling the Vault given all assets were deployed into the Fluid Lite market, which itself had no liquidity until Monday 18th May. Now that funds are being withdrawn from Fluid Lite, this Vault should be fully enabled again, with the setting of the Deposit Cap to 5,000 ETH (approx 10M USD) It should also be noted that the Fluid Lite market has also had it's cap set to 0 by the guardians in order to remove the possibility of new funds being re-added to this market in near term.
2. Motivation:
While the deposit cap remains at 0, the Vault is effectively paused for any new users and only those wanting to withdraw with available liquidity can interact and keepers able to rebalance. This SIP proposes to re-enable the Vault back to full functionality.
3. Specification:
| Parameter | Value |
|---|---|
| Fleet | ETH DAO Managed Vault |
| Network | Ethereum |
| Contract(s) | 0x0c1fbccc019320032d9acd193447560c8c632114 |
| Function | setFleetDepositCap (0xd902d41a) |
descriptionProposal Actions
layersHub Chain Execution
BASETarget
0x4ceee1b6289624d381383c1bb42b118d5f2c3274govv2.summergovernor
Value
0 ETH
swap_callsInitiates Cross-Chain Proposal to mainnet
hubCross-Chain Execution
MAINNETTarget
0x0c1fbccc019320032d9acd193447560c8c632114fleetdaomodule_dao_lazyvault_weth_1#fleetcommanderdao
Value
0 ETH
Satellite Proposal Status
pending_actions
No satellite proposal found on mainnet yet.
Current Results
For 100%
Against 0%
Abstain 0%
For66,585,790.654
Against0
Abstain0
Quorum ProgressREACHED
Threshold: 40,079,190 SUMR166.1%
