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High-Risk Beta
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High-Risk Beta
This platform is experimental. Smart contracts are unaudited. Use at your own risk.
Gearbox· closedThis proposal establishes that the liquidation premium for the remaining RE7LRT credit account in the Restaking WETH Credit Manager may not be refunded to the account owner.
It also reports on the liquidation premiums collected during the March 16 expiration event, which are being refunded to account owners as described below.
Per GIP-281, all legacy v3.0 Credit Accounts on Ethereum were expired on March 16, 2026. The expiration was announced multiple times through governance proposals (GIP-277, GIP-278, GIP-279, GIP-281) and public communications, giving account owners ample time to close their positions voluntarily.
Credit Managers were paused before expiration to restrict liquidations to the whitelisted DAO liquidator, ensuring liquidation profits are returned
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ID: proposal:gearbox:0x38b8ce1f2164e7be1c4b04d40283b4cf8e28f681af8c59ba5b4e024cf7728acf
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