Summary
This proposal withdraws accumulated USDC fees from the Express Relay contract on Solana to the Pyth DAO Treasury, following the successful test withdrawal in OP-PIP-107 ( [PASSED] OP-PIP-107: Express Relay Fee Withdrawal Test ).
Proposal Link: Pyth Network
Background
With the test withdrawal of 8.66 USDT in OP-PIP-107 successfully executed and verified, this proposal proceeds with withdrawing the accumulated USDC fees.
Proposal Details and Verification
Action: Withdraw 24,487.39 USDC from Express Relay contract
Source: Express Relay Contract (https://solscan.io/account/69ib85nGQS2Hzr4tQ8twbkGh76gKFUfWJFeJfQ37R3hW)
Amount: 24,487.39 USDC
- Open the proposal on Realms ( Pyth Network )
- Inspect the transaction details
- Confirm that feeReceiverAdminTa is the USDC token account of the Pyth DAO treasury:
- DAO Address: Gx4MBPb1vqZLJajZmsKLg8fGw9ErhoKsR8LeKcCKFyak
- The token account should be the Associated Token Account (ATA) for USDC belonging to this address
You can verify the ATA relationship on Solscan (https://solscan.io/account/Gx4MBPb1vqZLJajZmsKLg8fGw9ErhoKsR8LeKcCKFyak) by checking the token accounts tab.