BIP-925: Unwind Timeless VeBalGrant (setActive/release/redeem/withdrawBalances)

[gosuto-inzasheru]

Summary

DAO multisig payload to wind down the Timeless BIP-252 VeBalGrant at 0x89f67f3054bFD662971854190Dbc18dcaBb416f6 (Aura-deployed grant escrow; project = Timeless gov treasury).

Authorized under BIP-225 grant controls (Balancer may deactivate and unwind).

Sequence (single Safe batch)

1. setActive(false) — control flips to Balancer; project can no longer vote/execute/claim as current party
2. release() — votingEscrow.withdraw() (lock expired 2025-02-13; ~23,708 BPT)
3. redeem(_minBalOut, _minWethOut) — exit 80/20 BPT to BAL + WETH (10% slippage vs queryExit)
4. withdrawBalances() — all WETH → Timeless project; all BAL → DAO
5. BAL.transfer — forward _minBalOut BAL from DAO → managed treasury 0x0EFcCBb9E2C09Ea29551879bd9Da32362b32fc89 (amount equals redeem floor so this step cannot revert if redeem succeeds; any excess BAL stays on the DAO)

Amounts

Field	Value
Locked BPT	~23,708.44
queryExit	~116,818 BAL + ~1.632 WETH
_minBalOut / transfer amount (10%)	105136193060487029845814
_minWethOut (10%)	1468898875084523177

Refresh _minBalOut, _minWethOut, and the matching BAL transfer amount together near execution if the pool moves.

Payload: BIPs/00proposed/BIP-XXX-vebalgrant-timeless-unwind.json

  

[cursor]

Cursor Agent can help with this pull request. Just @cursor in comments and I'll start working on changes in this branch.
_{Learn more about Cursor Agents}

[github-actions]

FILENAME: BIPs/00proposed/BIP-XXX-vebalgrant-timeless-unwind.json
COMMIT: 61fe3fd60f18b1c3ece35e76528f9a6183630e77

Validator	Result
validate_contains_msig	✅
validate_msig_in_address_book	✅
validate_chain_specified	✅
validate_file_has_bip	❌ (No BIP number found in file path BIPs/00proposed/BIP-XXX-vebalgrant-timeless-unwind.json)
validate_path_has_weekly_dir	❌ (File BIPs/00proposed/BIP-XXX-vebalgrant-timeless-unwind.json has has no YYYY-W## in path)

[github-actions]

FILENAME: BIPs/00proposed/BIP-XXX-vebalgrant-timeless-unwind.json
MULTISIG: multisigs/dao (mainnet:0x10A19e7eE7d7F8a52822f6817de8ea18204F2e4f)
COMMIT: 61fe3fd60f18b1c3ece35e76528f9a6183630e77
CHAIN(S): mainnet
TENDERLY: 🟩 SUCCESS

+----------+------------------------------------------------+---------------------------------------------------------------+----------------------------------------------------+-----+----------+
| function | token_symbol                                   | recipient                                                     | amount                                             | bip | tx_index |
+----------+------------------------------------------------+---------------------------------------------------------------+----------------------------------------------------+-----+----------+
| transfer | BAL:0xba100000625a3754423978a60c9317c58a424e3D | multisigs/treasury:0x0EFcCBb9E2C09Ea29551879bd9Da32362b32fc89 | 105136.19306048703 (RAW: 105136193060487029845814) | N/A |    4     |
+----------+------------------------------------------------+---------------------------------------------------------------+----------------------------------------------------+-----+----------+

FILENAME: BIPs/00proposed/BIP-XXX-vebalgrant-timeless-unwind.json
MULTISIG: multisigs/dao (mainnet:0x10A19e7eE7d7F8a52822f6817de8ea18204F2e4f)
COMMIT: 61fe3fd60f18b1c3ece35e76528f9a6183630e77
CHAIN(S): mainnet
TENDERLY: 🟩 SUCCESS

+------------------+-----------------------------------------------------------------------+-------+--------------------------------+------------+----------+
| fx_name          | to                                                                    | value | inputs                         | bip_number | tx_index |
+------------------+-----------------------------------------------------------------------+-------+--------------------------------+------------+----------+
| setActive        | 0x89f67f3054bFD662971854190Dbc18dcaBb416f6 (aura/vebalgrant_timeless) | 0     | {                              | N/A        |   N/A    |
|                  |                                                                       |       |   "_active": [                 |            |          |
|                  |                                                                       |       |     "false"                    |            |          |
|                  |                                                                       |       |   ]                            |            |          |
|                  |                                                                       |       | }                              |            |          |
| release          | 0x89f67f3054bFD662971854190Dbc18dcaBb416f6 (aura/vebalgrant_timeless) | 0     | "0x86d1a69f"                   | N/A        |   N/A    |
| redeem           | 0x89f67f3054bFD662971854190Dbc18dcaBb416f6 (aura/vebalgrant_timeless) | 0     | {                              | N/A        |   N/A    |
|                  |                                                                       |       |   "_minBalOut": [              |            |          |
|                  |                                                                       |       |     "105136193060487029845814" |            |          |
|                  |                                                                       |       |   ],                           |            |          |
|                  |                                                                       |       |   "_minWethOut": [             |            |          |
|                  |                                                                       |       |     "1468898875084523177"      |            |          |
|                  |                                                                       |       |   ]                            |            |          |
|                  |                                                                       |       | }                              |            |          |
| withdrawBalances | 0x89f67f3054bFD662971854190Dbc18dcaBb416f6 (aura/vebalgrant_timeless) | 0     | "0x6ccbb0ab"                   | N/A        |   N/A    |
+------------------+-----------------------------------------------------------------------+-------+--------------------------------+------------+----------+