Protocol Changelog

A chronological record of all Grove Protocol spell executions, including parameter changes, onboardings, and infrastructure upgrades.

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August 27, 2026

Sky Forum Discussion

Payload Addresses

Changes

Ethereum Mainnet

• Treasury distribution to Grove Foundation
  • Recipient: 0xE3EC4CC359E68c9dCE15Bf667b1aD37Df54a5a42
  • Amount: 800K USDS
• Raise Uniswap V3 facet deposit rate limits (ramp-up phase 2)
  • Pool: AUSD/USDC on the Diamond PAU controller
  • Aggregate slope: 0 → 350K/day (max unchanged at 5M)
  • AUSD slope: 0 → 350K/day (max unchanged at 5M)
  • USDC slope: 0 → 350K/day (max unchanged at 5M)
• Authorize the Sky PAS Configurator on the Grove Diamond PAU
  • Grantee: 0xb7E61Df6CAb0A51E9A5dab1A7DD3f942dDe5b929
  • Role: DEFAULT_ADMIN_ROLE on the PAU access controls and PAU rate limits
  • Grove SubProxy keeps its own admin role and can revoke at any time

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August 13, 2026

Sky Forum Discussion

Payload Addresses

Changes

Ethereum Mainnet

• Enable the Uniswap V3 facet on the Grove Diamond PAU controller
  • Facet: 0x445D9Dc752F269Be48250f1A180CAC4c61cE4bab
  • Pool: AUSD/USDC — max slippage 0.999e18, max tick delta 200, TWAP window 600s, liquidity ticks [-10, 10]
  • Deposit max: 5M aggregate, 5M AUSD, 5M USDC
  • Deposit slope: 0 — the phase-1 allowances are cumulative, not daily
  • Withdraw: unlimited
  • Swap max: 1M per pool token; slope 5M/day
  • Additive capacity on a second controller: the existing ALM-side Uniswap V3 limits are unchanged
• One-time fee collect on the Grove Uniswap V3 position
  • Position: AUSD/USDC 0.01% tier, token ID 1192575
  • Recipient: Grove ALM Proxy; all accrued fees swept
  • Adds no new exposure and touches neither rate-limit contract
• Offboard the Maple syrupUSDC deposit rate limit
  • Max: 50M → 0
  • Slope: 50M/day → 0
  • The withdraw/redeem keys were never set, so the integration is now inert in both directions
• Coordinated off-spell changes (no payload action)
  • Tokenized Treasury JTRSY instance: CRR 100% → 25%, maximum exposure 2.5M → 5M, via a Grove artifact update
  • ALLOCATOR-GROVE-A auto-line raised (max line 5M → 10M USDS, gap 1M → 2M USDS) in the Sky Core spell of the same date

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July 16, 2026

Sky Forum Discussion

Payload Addresses

Changes

Ethereum Mainnet

• Onboard the Paxos USDG bridge (USDC out)
  • Destination: 0x8C0A9E5939B97979f85d9aDA3d983C6E713Cc2dB (Paxos USDC deposit wallet)
  • Max: 50M
  • Slope: 50M/day
• Transfer all syrupUSDC from the Grove ALM Proxy to the Spark ALM Proxy
  • Recipient: 0x1601843c5E9bC251A3272907010AFa41Fa18347E
  • Amount: the full ALM Proxy balance
  • Atomic in-spell transfer, mirroring Spark's September 4, 2025 BUIDL-I transfer to Grove in reverse

Robinhood

• Initialize the Grove Liquidity Layer
  • ALM Controller (ForeignController v1.8.0): 0x2c10885ddec8d52ecF3Ad2B3833765bf36eD80cf
  • ALM Proxy: 0x29626c2d8Ca49A51E4dECEEc5499e52983c42BD5
  • Rate limits: 0xC13e5ff7993c5df911aE562a7736B0eBA12b2010
  • Relayer role granted to both Grove ALM relayers; freezer role to the Grove freezer
• Onboard the Paxos USDG bridge (USDG out)
  • Destination: 0xfC0a7Ed7C5146B26eB38FA92c71F434A7178b06e (Paxos USDG deposit wallet)
  • Max: 50M
  • Slope: 50M/day
• Onboard Grove x Steakhouse USDG Morpho Vault
  • Vault: 0xBEEff039907422219Fb367e525954DDC092854d9
  • Deposit max: 50M
  • Deposit slope: 50M/day
  • Withdraw: unlimited
  • Share unit: 1e18
  • Max assets/share: 1.15e6

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July 2, 2026

Sky Forum Discussion

Payload Addresses

Changes

Ethereum Mainnet

• Initialize the Diamond PAU system on the ALLOCATOR-GROVE-A instance
  • PAU Proxy: 0x0DcD9298e163dFD3c0B5b00F0d9093C36e40A153
  • PAU Controller: 0xbf83F5974B932c7D842254042717D6A2706CE5eE
  • PAU rate limits: 0xE016Ae733A77Ba77E7907aAA749394Fc5e75C0e1
  • Allocator vault: 0xf739a30c74927dc6cFA3B67E4933872a1FC5F4EB
  • Authorizes the PAU ALM Proxy on the vault and approves it for unlimited USDS on the buffer
• Onboard PAU USDS mint/burn rate limits
  • Mint max: 5M; slope 5M/day
  • Burn max: 5M; slope 5M/day
• Onboard PAU PSM USDS/USDC swap rate limits (both directions)
  • Max: 5M per direction
  • Slope: 5M/day per direction
• Onboard JTRSY Basin rate limits
  • Basin: 0xf08943f817e1F902dEbC884c7B19Ea5764594Ac9
  • Deposit max: 5M USDS; slope 5M/day
  • Withdraw: unlimited (USDS and USDC)
• Onboard BUIDL Basin rate limits
  • Basin: 0xCBa428fB052B365557DAf52b744DFfF20d5FbEdD
  • Deposit max: 5M USDS; slope 5M/day
  • Withdraw: unlimited (USDS and USDC)
• Swap USDC to USDS in the Grove SubProxy
  • PSM wrapper: 0xA188EEC8F81263234dA3622A406892F3D630f98c
  • Amount: 1,102,056.359999 USDC
• Treasury distribution to Grove Foundation
  • Recipient: 0xE3EC4CC359E68c9dCE15Bf667b1aD37Df54a5a42
  • Amount: 800K USDS

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June 4, 2026

Sky Forum Discussion

Payload Addresses

Changes

Ethereum Mainnet

• Monthly grant to Grove Foundation (months 2 and 3 combined)
  • Recipient: 0xE3EC4CC359E68c9dCE15Bf667b1aD37Df54a5a42
  • Amount: 1.6M USDS
• Transfer GROVE tokens to Grove Foundation
  • Recipient: 0xE3EC4CC359E68c9dCE15Bf667b1aD37Df54a5a42
  • Amount: 500M GROVE
• Swap USDC to USDS in the Grove SubProxy
  • PSM wrapper: 0xA188EEC8F81263234dA3622A406892F3D630f98c
  • Amount: 753,649 USDC

Avalanche

• Onboard CCTP v2 receiver
  • Receiver: 0x8Ea8Dff8c29f568eA1E716E2C3AfbD003EB83cfA
  • Granted SUBMISSION_ROLE on the Grove Executor

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May 7, 2026

Sky Forum Discussion

Payload Addresses

Changes

Ethereum Mainnet

• Onboard Grove x Steakhouse RLUSD Morpho Vault V2
  • Vault: 0xBeEff4fD39F8e48b6a6e475445D650cb11e9599F
  • Deposit max: 100M
  • Deposit slope: 100M/day
  • Withdraw: unlimited
  • Share unit: 1e18
  • Max assets/share: 3e18
• Monthly grant to Grove Foundation
  • Recipient: 0xE3EC4CC359E68c9dCE15Bf667b1aD37Df54a5a42
  • Amount: 800K USDS

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April 23, 2026

Sky Forum Discussion

Payload Addresses

Changes

Ethereum Mainnet

• Onboard USDS to Centrifuge JTRSY (ERC7540)
  • Vault: 0x381f4F3B43C30B78C1f7777553236e57bB8AE9ff
  • Deposit max: 500M
  • Deposit slope: 500M/day
  • Redeem: unlimited
• Increase USDS mint rate limits
  • Max: 100M → 500M
  • Slope: 50M/day → 500M/day
• Onboard USDS SkyLink transfers to Avalanche
  • Max: 50M
  • Slope: 50M/day

Avalanche

• Upgrade ForeignController v1.6.0 → v1.8.0 (LayerZero V2 migration)
  • New controller: 0x4236B772BEeEAFF57550Aa392A0f227C0b908Ce7
  • Re-set CCTP, LayerZero, and Centrifuge recipients (Ethereum → ALM_PROXY)
  • Migrated all existing state to the new controller
• Onboard USDS SkyLink transfers to Ethereum
  • Max: 20M
  • Slope: 20M/day
• Increase CCTP USDC transfers to Ethereum
  • Max: unlimited
  • Slope: unlimited
• Onboard USDS/USDC Curve stableswap swaps & LP
  • Pool: 0xA9d7d3D7e68a0cae89FB33c736199172f405C8D3
  • Swap max: 5M, slope: 100M/day, max slippage: 0.1%
  • Deposit max: 50M, slope: 50M/day
  • Withdraw: unlimited

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April 9, 2026

Sky Forum Discussion

Payload Addresses

Changes

Ethereum Mainnet

• Onboard Maple syrupUSDC (deposit only)
  • Vault: 0x80ac24aA929eaF5013f6436cdA2a7ba190f5Cc0b
  • Deposit max: 50M
  • Deposit slope: 50M/day
  • Withdraw: disabled
  • Share unit: 1e6
  • Max assets/share: 3e6
• Increase Centrifuge JTRSY deposit rate limits
  • Max: 50M → 500M
  • Slope: 50M/day → 500M/day
• Increase PSM USDS/USDC swap rate limits
  • Max: 100M → 500M
  • Slope: 50M/day → 500M/day

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March 26, 2026

Sky Forum Discussion

Payload Addresses

Changes

Ethereum Mainnet

• Onboard Centrifuge ACRDX (ERC7540)
  • Vault: 0x74A739EA1Dc67c5a0179ebad665D1D3c4b80B712
  • Token: 0x9477724Bb54AD5417de8Baff29e59DF3fB4DA74f
  • Deposit max: 20M
  • Deposit slope: 20M/day
  • Redeem: unlimited
• Onboard Sentora PYUSD Morpho Vault V2 (ERC4626)
  • Vault: 0xb576765fB15505433aF24FEe2c0325895C559FB2
  • Deposit max: 50M
  • Deposit slope: 50M/day
  • Withdraw: unlimited
  • Share unit: 1e18
  • Max assets/share: 3e6
• Onboard Sentora RLUSD Morpho Vault V2 (ERC4626)
  • Vault: 0x6dC58a0FdfC8D694e571DC59B9A52EEEa780E6bf
  • Deposit max: 50M
  • Deposit slope: 50M/day
  • Withdraw: unlimited
  • Share unit: 1e18
  • Max assets/share: 3e18

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February 26, 2026

Sky Forum Discussion

Payload Addresses

Changes

Ethereum Mainnet

• Onboard Galaxy Deposit Address (USDC transfers)
  • Deposit max: 50M
  • Deposit slope: 50M/day

Base

• Onboard Steakhouse Morpho v2 USDC Vault
  • Deposit max: 20M
  • Deposit slope: 20M/day
  • Withdraw: unlimited

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February 12, 2026

Sky Forum Discussion

Payload Addresses

Changes

Ethereum Mainnet

• Onboard Grove x Steakhouse Morpho V2 AUSD Vault
  • Deposit max: 20M
  • Deposit slope: 20M/day
  • Withdraw: unlimited

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January 29, 2026

Sky Forum Discussion

Payload Addresses

Deployment address TBD at time of spell creation.

Changes

Ethereum Mainnet

• Re-onboard Agora AUSD Mint/Redeem
  • Disabled old mint wallet
  • New mint max: 10M, slope: 100M/day
  • New redeem max: 10M, slope: 100M/day
• Onboard Curve AUSD/USDC Swaps & LP
  • Swap max: 5M, slope: 100M/day, max slippage: 0.1%
  • Deposit max: 25M, slope: 25M/day
  • Withdraw: unlimited
• Onboard Uniswap v3 AUSD/USDC Swaps & LP
  • Swap max: 5M per token, slope: 100M/day
  • Deposit max: 25M per token, slope: 25M/day
  • Withdraw: unlimited
  • TWAP: 600s, max tick delta: 200
• Onboard Curve PYUSD/USDS Swaps
  • Swap max: 5M, slope: 100M/day, max slippage: 0.1%
• Onboard Grove x Steakhouse USDC High Yield Vault v2
  • Deposit max: 20M, slope: 20M/day
  • Withdraw: unlimited
• Onboard Steakhouse PYUSD Morpho Vault
  • Deposit max: 20M, slope: 20M/day
  • Withdraw: unlimited
• Onboard new relayer operators for Grove Liquidity Layer
• Transfer 2.5B GROVE tokens to Grove Labs wallet

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January 15, 2026

Sky Forum Discussion

Payload Addresses

Changes

Ethereum Mainnet

• Upgrade MainnetController to v1.8.0
  • Migrated existing rate limits and configurations
  • Set backwards compatibility for: sUSDe, Curve RLUSD/USDC, Aave Core/Horizon RLUSD & USDC, Grove x Steakhouse Morpho Vault
• Onboard CCTP transfers to Base
  • Max: 50M, slope: 50M/day

Base

• Initialize Grove Liquidity Layer on Base
  • Deployed full ALM infrastructure: Executor, Receiver, Controller, Proxy, RateLimits, Relayers, Freezer
  • Configured CCTP, LayerZero, and Centrifuge recipients for Ethereum
• Onboard Morpho Grove x Steakhouse High Yield USDC Vault
  • Deposit max: 20M, slope: 20M/day
  • Withdraw: unlimited
• Onboard CCTP transfers to Ethereum
  • Max: 50M, slope: 50M/day

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December 11, 2025

Sky Forum Discussion

Payload Addresses

Changes

Ethereum Mainnet

• Onboard Securitize Tokenized AAA CLO Fund (STAC)
  • Deposit max: 50M, slope: 50M/day
  • Redeem: unlimited
• Onboard Galaxy Arch CLO Fund
  • Deposit max: 50M, slope: 50M/day
• Onboard Morpho Grove x Steakhouse USDC High Yield Vault
  • Deposit max: 20M, slope: 20M/day
  • Withdraw: unlimited
• Onboard Agora AUSD
  • Deposit max: 50M, slope: 50M/day
  • Redeem: unlimited
• Onboard Ripple RLUSD
  • Deposit max: 50M, slope: 50M/day
  • Redeem max: 50M, slope: 50M/day

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October 30, 2025

Sky Forum Discussion

Payload Addresses

Changes

Ethereum Mainnet

• Onboard Curve RLUSD/USDC Swaps
  • Max: 20M, slope: 100M/day, max slippage: 0.1%
• Onboard Aave Core v3 USDC
  • Deposit max: 50M, slope: 25M/day
  • Withdraw: unlimited
• Onboard Aave Core v3 RLUSD
  • Deposit max: 50M, slope: 25M/day
  • Withdraw: unlimited
• Onboard Aave Horizon USDC
  • Deposit max: 50M, slope: 25M/day
  • Withdraw: unlimited
• Onboard Aave Horizon RLUSD
  • Deposit max: 50M, slope: 25M/day
  • Withdraw: unlimited

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October 16, 2025

Sky Forum Discussion

Payload Addresses

Deployment address not recorded.

Changes

Ethereum Mainnet

• Enable USDC transfers to FalconX deposit address
  • Max: 50M, slope: 50M/day

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October 2, 2025

Sky Forum Discussion

Payload Addresses

Changes

Ethereum Mainnet

• Onboard JTRSY crosschain transfers to Plume
  • Transfer max: 20M, slope: 20M/day

Plume

• Initialize Grove Liquidity Layer on Plume
  • Deployed full ALM infrastructure: Controller, Proxy, RateLimits, Freezer, Relayer, Executor, Receiver
• Onboard Centrifuge ACRDX
  • Deposit max: 20M, slope: 20M/day
  • Redeem: unlimited
• Onboard Centrifuge JTRSY (redemptions only)
  • Redeem max: 20M, slope: 20M/day

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August 21, 2025

Sky Forum Discussion

Payload Addresses

Changes

Ethereum Mainnet

• Controller upgrade
  • Introduced Centrifuge crosschain transfer integration
• Migrate Centrifuge JAAA from V2 to V3
  • Disabled V2 rate limits
  • V3 deposit max: 100M, slope: 50M/day
  • V3 redeem: unlimited
  • V3 crosschain transfer max: 50M, slope: 50M/day
• Migrate Centrifuge JTRSY from V2 to V3
  • Disabled V2 rate limits
  • V3 deposit max: 50M, slope: 50M/day
  • V3 redeem: unlimited
  • V3 crosschain transfer max: 50M, slope: 50M/day

Avalanche

• Controller upgrade
  • Introduced Centrifuge integration
• Onboard Centrifuge JAAA V3
  • Deposit max: 50M, slope: 50M/day
  • Redeem: unlimited
  • Crosschain transfer max: 50M, slope: 50M/day
• Onboard Centrifuge JTRSY V3
  • Deposit max: 50M, slope: 50M/day
  • Redeem: unlimited
  • Crosschain transfer max: 50M, slope: 50M/day

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August 7, 2025

Sky Forum Discussion

Payload Addresses

Changes

Ethereum Mainnet

• Enable CCTP transfers to Avalanche
  • Global limit: unlimited
  • Avalanche transfer max: 50M USDC, slope: 50M/day
• Onboard Ethena (USDe & sUSDe)
  • USDS mint max: 250M, slope: 100M/day
  • USDe burn max: 500M, slope: 200M/day
  • sUSDe deposit max: 250M USDe, slope: 100M/day
  • Cooldown: unlimited

Avalanche

• Initialize Grove Liquidity Layer on Avalanche
  • Deployed full ALM infrastructure: Controller, Proxy, RateLimits, Freezer, Relayer, Executor
• Enable CCTP transfers to Ethereum
  • Global limit: unlimited
  • Ethereum transfer max: 50M USDC, slope: 50M/day

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July 24, 2025

Sky Forum Discussion

Payload Addresses

Changes

Ethereum Mainnet

• Onboard Centrifuge JTRSY
  • Deposit: rate limited
  • Redeem: unlimited
• Onboard Blackrock BUIDL
  • Deposit: rate limited (USDC to deposit address)
  • Redeem: unlimited (BUIDL shares to redeem address)
• Transfer USDS to Spark
  • To be exchanged for JTRSY and BUIDL

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April 30, 2025

Sky Forum Discussion

Payload Addresses

Changes

Ethereum Mainnet

• Activate Bloom Liquidity Layer
  • Added Controller, Freezer, and Relayer roles to ALM infrastructure
  • Configured ALMProxy on AllocatorVault
  • Set USDS transfer approvals from AllocatorBuffer
• Set basic rate limits
  • USDS minting rate limit
  • USDS-to-USDC PSM swap rate limit
• Onboard USDC Centrifuge vault
  • Deposit: rate limited
  • Redeem: unlimited

Note: This was the initial activation of the liquidity layer, prior to the Grove rebrand.

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April 4, 2025

Payload Addresses

Executed as part of a MakerDAO (Sky) executive spell.

Changes

Ethereum Mainnet

• Initialize Bloom Allocator Vault
  • Created ALLOCATOR-BLOOM-A ilk on MakerDAO (now Sky)
  • Deployed AllocatorVault, AllocatorBuffer, and SubProxy infrastructure

Note: This was the foundational spell that created the allocator vault on the Sky Protocol, prior to the Grove rebrand.