# \[BIP-668\] Revoke Wonderland's BAL Vest and USDC Payments

**URL:** <https://forum.balancer.fi/t/bip-668-revoke-wonderlands-bal-vest-and-usdc-payments/5904>\
**Category:** General Proposal\
**Created:** [August 5, 2024, 7:52am UTC](https://forum.balancer.fi/t/bip-668-revoke-wonderlands-bal-vest-and-usdc-payments/5904 "2024-08-05T07:52:00Z")\
**Posts on this page:** 3\
**Page:** 1

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**Author:** ![Xeonus](https://yyz1.discourse-cdn.com/flex027/user_avatar/forum.balancer.fi/xeonus/32/3621_2.png) [@Xeonus](https://forum.balancer.fi/u/Xeonus)\
**Post date:** [August 5, 2024, 7:52am UTC](https://forum.balancer.fi/t/bip-668-revoke-wonderlands-bal-vest-and-usdc-payments/5904/1 "2024-08-05T07:52:00Z")

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### PR with Payload

> <https://github.com/BalancerMaxis/multisig-ops/pull/1204>
>
> Wonderland agreement has been terminated as of July 31
> https://forum.balancer.f…i/t/bip-578-engage-wonderland-as-a-service-provider/5659/22?u=tritium

## Summary

By executing this proposal, the DAO will revoke the BAL vesting contract for Wonderland and return unvested BAL to the treasury multi-sig. Furthermore, any pending USDC payments will be removed from the multi-sig ops repository. Reason being that both parties agreed to terminate the arrangement as voted in with [BIP-578](https://forum.balancer.fi/t/bip-578-engage-wonderland-as-a-service-provider/5659).

## Motivation

As stated in the most recent [announcement by Danko](https://forum.balancer.fi/t/bip-578-engage-wonderland-as-a-service-provider/5659/22) in the Wonderland SP proposal, both the Balancer DAO and Wonderland agreed to mutually terminate the business relationship. As a result, the DAO will exercise the right to return unvested BAL tokens to the treasury by executing the revoke on the vesting contract. Furthermore, any pending monthly USDC payments will be removed from the multi-sig operations repository. Both parties have agreed that the relationship is terminated at Jul 31, 2024.

### Refund of revoke call differential

As the revoke / clawback function call on the contract is not possible to be executed with a timestamp in the past, we are asking @wonderland to return any difference of BAL that accrued between July 31st and the execution of the revoke function.  
As per setup of the vesting contract, the DAO shall receive no less than `243167784238647894469813` = 243,167.78 BAL in total based on the vesting amount until July 31st 2024.

## Technical Specification

The Balancer DAO Multi-sig `0x10A19e7eE7d7F8a52822f6817de8ea18204F2e4f` will interact with the BAL vesting contract at `0xd6208f3b61640baebb71aa59b58cc61e32f8ddf5` and call `revoke`. This will return all unvested BAL back to the treasury wallet.

After the execution of the revoke call by Balancer DAO,@wonderland will return the difference in BAL as a result of the delayed execution to the DAO multi-sig thereafter.

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<div class="post-metadata">

**Author:** ![Xeonus](https://yyz1.discourse-cdn.com/flex027/user_avatar/forum.balancer.fi/xeonus/32/3621_2.png) [@Xeonus](https://forum.balancer.fi/u/Xeonus)\
**Post date:** [August 7, 2024, 2:17pm UTC](https://forum.balancer.fi/t/bip-668-revoke-wonderlands-bal-vest-and-usdc-payments/5904/2 "2024-08-07T14:17:07Z")

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[https://snapshot.org/#/balancer.eth/proposal/0xa882d90d05ced2f57fb2d6b2d7eeaf5d479f8e502dbc1ca55718bc7e7bb9a82a](https://snapshot.org/#/balancer.eth/proposal/0xa882d90d05ced2f57fb2d6b2d7eeaf5d479f8e502dbc1ca55718bc7e7bb9a82a)

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<div class="post-metadata">

**Author:** ![Xeonus](https://yyz1.discourse-cdn.com/flex027/user_avatar/forum.balancer.fi/xeonus/32/3621_2.png) [@Xeonus](https://forum.balancer.fi/u/Xeonus)\
**Post date:** [September 1, 2024, 7:50pm UTC](https://forum.balancer.fi/t/bip-668-revoke-wonderlands-bal-vest-and-usdc-payments/5904/3 "2024-09-01T19:50:18Z")

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The execution of the [clawback](https://etherscan.io/tx/0xb5a7ee4fbb80e760c41730b8c2beea34b8fcb7d3fcff5879a6657e1c34994e29) by the DAO Multisig and [payback of the delta](https://etherscan.io/tx/0xe8efa6342e90ac685cb9acbf06d18fbc45b5d6578b49be4387a5bf5895c7d02d) by @wonderland have been successfully executed and therefore the BIP’s specifications fulfilled.
