Governance

Supported Assets

Non-standard ERC20 implementation are not compatible with Continuous ESD. Governance must verify the following properties of any ERC20 tokens before interacting with them.

  • Must not have any transfer fees (especially if swapping through the Reserve).

  • Needs to have a decimals()getter (especially when used with Oracle).

  • Should generally not have any malicious custom code.

Swapping Constraints

Orders set by governance may be front-run in their amounts. Keep in mind that order amounts may change in between the time a proposal is proposed and committed which may result in a larger than intended amount being added to the current outstanding order.

We recommend either:

  1. Only updating the price attribute of the order as need until amount is zero.

  2. Creating a separate initial proposal to zero out the order amount before updating to the new amount.