Update, June 1, 2026
Today the delegated multisig executed the second phase of the SUMR/USDC liquidity migration on Aerodrome (Base) via Arcadia.
Actions Performed
The transaction completed the migration process initiated in the previous update by:
- Migrating the remaining liquidity from the legacy position to the new Slipstream V3 pool
- Enabling the automated rebalancing strategy on the new Slipstream V3 position
- Disabling the rebalancing strategy associated with the legacy pool
As a result, all protocol-owned SUMR/USDC liquidity managed through Arcadia is now concentrated within the new Slipstream V3 pool and managed by the active rebalancing strategy.
Transaction & Simulation
The action was proposed and executed through the delegated multisig:
Safe Transaction: Safe{Wallet} – Transaction details
On-chain execution: Base Transaction Hash: 0x0c1db30db7... | BaseScan
For full transparency and independent verification of the execution flow: Tenderly Dashboard
Current Status
The migration from the legacy Aerodrome position to the Slipstream V3 pool is now complete. The new position continues to operate with a 0.05% trading fee (to be adjusted to 0.3%) and remains eligible for Aerodrome governance incentives and bribing through the associated gauge. The Arcadia automation stack is now configured exclusively around the new position, ensuring that future rebalancing actions are performed on the active Slipstream V3 liquidity.
All actions continue to be executed through the multisig under the mandate granted by SIP5.17 and remain fully transparent and publicly verifiable onchain.