Whitelist Safe Multisig User on FiRM
Summary:
This proposal seeks to whitelist the following multisig address to use on FiRM: 0x496a3Fc15209350487F7136b7c3c163F9204eE70
Background:
As a precaution against flash loan attacks, FiRM only allows whitelisted contract interactions. This allows regular user wallets to interact while it at the same time limits any automated attacks, forcing any attacker to be extremely well-capitalized. Flashloan attacks require contract interactions and are therefore impossible. This prevents single-transaction attacks like the one Euler suffered, but also makes it more of a hassle for other protocols to integrate with FiRM, as they will need to contact us for a whitelisting. We consider this a worthy trade-off.
Objective: an individual known to Inverse contributors has expressed an interest in borrowing DOLA on FiRM via their Safe mutlisig wallet. This wallet has already bought significant DBR in anticipation of building debt positions. Therefore, this proposal seeks to add the Multisig address to the FiRM borrowController’s contract whitelist
On-Chain Actions:
- Set 0x496a3Fc15209350487F7136b7c3c163F9204eE70 as an allowed contract on the FiRM borrowController