Executed

SIP5.21.1: Recoup unclaimed SUMR from RAYS airdrop


Proposal ID

664651...7699

Proposed

Mar 5th, 2026

Result details
Final Votes

Quorum

113.21M of 38.48M

Majority support

Yes

For

113.21M

Against

0

Abstain

0

Actions

Type

Address

Details

Custom

0x54a2...B8dd

emergencyWithdraw(..)

Custom

Account

0x54a2...B8dd

Method

emergencyWithdraw(..)

Proposal

1. Overview:

As per the RFC, [RFC] Recoup unclaimed SUMR tokens from RAYS airdrop, this Sub-SIP follows the recent root removal (here) and now proposes to call EmergencyWithdraw and transfer 25,512,806 SUMR back to the Timelock.


2. Motivation:

As per the RFC, it is believed that given the SUMR has been claimable for over 1 year, it is now time to recoup any unclaimed, and put them to better use by the DAO.


3. Specification:

  • call EmergencyWithdraw for the full amount of SUMR and with a to address of the timelock controller, 0x447BF9d1485ABDc4C1778025DfdfbE8b894C3796

4. Risk Assessment:

No new or additional risks expected from this SIP.


5. Voting:

YES vote will call EmergencyWithdraw, and any transfer ~25.5M SUMR to the Summer Timelock. A NO vote will not make any changes to the rewards contract.

Final Votes

Quorum

113.21M of 38.48M

Majority support

Yes

For

113.21M

Against

0

Abstain

0

Final Votes
Status

Thu Mar 5, 10:39 am

Draft created

Thu Mar 5, 10:39 am

Published onchain

Fri Mar 6, 10:39 am

Voting period started

Mon Mar 9, 10:39 am

Voting period ended

Mon Mar 9, 12:35 pm

Proposal queued

Wed Mar 11, 08:50 am

Proposal executed