[ONGOING] OP-PIP-125: Cross-Chain Fee Repatriation Framework

Proposals
1

Abstract

Establish the operational framework for, and empower, the Pythian Council to repatriate DAO-owned fees from non-Solana chains, as mandated by OP-PIP-87 Section 3.

This proposal formalizes the community discussion at Operationalizing Cross-Chain Fee Repatriation.

PROPOSAL: OP-PIP-125: Cross-Chain Fee Repatriation Framework | Pyth Governance

Proposal

1. PC Multisigs on EVM Chains

Deploy Safe (Gnosis) multisigs on chains requiring fee retrieval.

  • Threshold: 5/8 (mirrors Pythian Council on Solana minus Ops wallet)
  • Chains without Safe support deferred until infrastructure available
  • Contract upgrades via OP-PIP redirect accumulated fees to these multisigs

2. Withdrawal Triggers

| Trigger         | Condition                                 |
| --------------- | ----------------------------------------- |
| Chain Risk      | Chain sunset, instability, or deprecation |
| Minimum Balance | ≥$2,000 accumulated                       |

3. Bridging & Swaps

  • USDC/USDT only: native tokens swapped to stablecoins before bridging
  • ≤5% slippage on all transactions (per OP-PIP-87)
  • Aggregators (Jumper, LI.FI, etc.) for optimal routing
  • Bridge choice flexible, provided not subject to applicable sanctions
  • Solana hop allowed: If bridging directly to DAO Treasury is complex, PC may bridge to the Pythian Council Solana multisig first, then transfer to DAO Treasury

4. Scope & Flow

Fees on Chain X → PC EVM Multisig → Swap to USDC → Bridge → DAO Treasury
                                                       ↘️ (or PC Solana Multisig → DAO Treasury)

The Pythian Council acts with strictly limited discretion, executing repatriation within the parameters, executing repatriation strictly within the parameters set forth by this proposal and OP-PIP-87. Once funds reach Treasury, existing allocation rules apply.

5. Reporting & Documentation

PC posts completion report per batch:

  • Transaction hashes
  • Amounts per chain
  • Bridge/swap breakdown
  • Final deposit to Treasury

Upon passage, all deployed Safe multisig addresses and their respective chains will be documented by the Pythian Council in About the Pythian Council.

Implementation

Upon passage:

  1. PC deploys Safe multisigs on priority chains

  2. Subsequent OP-PIPs authorize contract upgrades redirecting fees

  3. PC executes repatriation per this framework

PROPOSAL: OP-PIP-125: Cross-Chain Fee Repatriation Framework | Pyth Governance

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