Update, May 27, 2026
Today the delegated multisig executed first step of liquidity migration related to the SUMR/USDC pool management on Aerodrome (Base) via Arcadia.
Actions Performed
The transaction performed the following actions atomically:
- Unstaked the current LP position
- Decreased liquidity by 50%
- Restaked the remaining original position
- Created a new Aerodrome Slipstream V3 pool with tick spacing
100 - Minted a new LP position on the exact same ticks as the original position using the withdrawn assets
Transaction & Simulation
A flashAction signed and executed by the multisig: Basescan Transaction.
For full transparency an independent verification of the execution flow: Tenderly Simulation.
New Pool / Gauge
Pool: Slipstream V3 Pool
Gauge: Gauge Contract
The new gauge can now be bribed/voted on through Aerodrome Metagovernance.
Current Pool Structure
There are now two active SUMR/USDC liquidity venues:
- Existing pool: 2% trading fee
- New Slipstream V3 pool: 0.05% trading fee
Both of these pools can be found: here.
The intention behind this migration is to begin routing part of the liquidity into a lower-fee environment, increased efficiency of the Protocol Owned Liquidity while maintaining the original concentrated liquidity setup in parallel.
All actions continue to be executed through the multisig under the mandated granted by the approved SIP5.17 and remain fully transparent and publicly verifiable onchain.