MIP-X73: mToken Internal Cash Accounting — Voted YES
This upgrade closes a gap in how supply caps are enforced and prevents direct token transfers from affecting market accounting. Worth noting that the existing ERC-4626 vaults aren’t covered by this upgrade, although their exposure is relatively small. Governance will also need to be careful when handling permanent losses and excess assets. Overall, a sensible improvement to the protocol’s accounting.
MIP-X74: ETH Derivative Oracle Alignment — Voted YES
I support aligning the ETH derivative oracles with the WETH OEV feed to avoid pricing inconsistencies during liquidation windows. Borrowers shouldn’t face additional collateral losses simply because their debt and collateral are being priced using different ETH/USD rounds. There is a trade-off in that some liquidations may be delayed by up to 10 seconds, but I think that’s reasonable given the issue being addressed. Good to see this resolved without changing the underlying risk parameters.