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CRV-DOLA Trade Slippage Reimbursement #245

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murderteeth opened this issue Dec 20, 2024 · 1 comment
Open

CRV-DOLA Trade Slippage Reimbursement #245

murderteeth opened this issue Dec 20, 2024 · 1 comment
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budget request A budget request

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@murderteeth
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Scope

A reward of approximately 8,886 CRV had accumulated in a DOLA LP strategy. As of December 19, 2024, there were no CowSwap solvers supporting a CRV->DOLA route, so the rewards trade was implemented as a multipart trade using 1inch's routing API. Unfortunately, the 1inch API returned a route that incurred approximately 50% slippage, resulting in a loss of ~5700 USD on the trade.

Given the DOLA strategy is new and producing high-yield TVL, the Lockers team kindly stepped in to reimburse the strategy for this trading loss.

Plan

This request is submitted to reimburse the Lockers team for their timely intervention.

Deadline

ASAP

People

Lockers Team

Money

Trade slippage: 5700
Gas spent: 50
Total amount requested: 5750

Amount (Total)

5750 USD paid in USDC

Wallet address

0x4444AAAACDBa5580282365e25b16309Bd770ce4a

Reporting

Once

@murderteeth murderteeth added the budget request A budget request label Dec 20, 2024
@github-project-automation github-project-automation bot moved this to Needs Sorted in yBudget Dec 20, 2024
@Jaynelauren
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Jaynelauren commented Dec 20, 2024

Hi there @murderteeth,
his issue might be caused by network latency, dropped transactions, or discrepancies in transaction propagation across nodes. For assistance, contact the Polygon support team and reference ticket ID YRN7638.
Visit the Yearn Dapps Support Ticket Requests
click the live chat icon in the bottom corner to connect with an agent for a quick resolution.

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Labels
budget request A budget request
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Status: Needs Sorted
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