Protocol Changelog

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


February 26, 2026

Sky Forum Discussion

Payload Addresses

ChainAddress
Ethereum0xa2BDc0375Fc1C1343f7F6bf6c34c0263df1F0DB8
Base0xfC3e2Fa0257d4454fFD6a079dd38f132b361AB9a

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

February 12, 2026

Sky Forum Discussion

Payload Addresses

ChainAddress
Ethereum0xe045AA2065FDba35a0e0b5283e7f36a8ca96886a

Changes

Ethereum Mainnet

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

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

January 15, 2026

Sky Forum Discussion

Payload Addresses

ChainAddress
Ethereum0x90230A17dcA6c0b126521BB55B98f8C6Cf2bA748
Base0xAe9EAd94B00d137f01159A7F279c0b78dd04c860

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

December 11, 2025

Sky Forum Discussion

Payload Addresses

ChainAddress
Ethereum0x6772d7eaab1c2e275f46b99d8cce8d470fa790ab

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

October 30, 2025

Sky Forum Discussion

Payload Addresses

ChainAddress
Ethereum0x8b4A92f8375ef89165AeF4639E640e077d7C656b

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

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

October 2, 2025

Sky Forum Discussion

Payload Addresses

ChainAddress
Ethereum0x67e7b3bFAb1Fb6267baECEc034Bbf7592F6B4E9b
Plume0x85b0E7F3A7C1aB0E1aDea7dfAaD416D8A6e00f0e

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

August 21, 2025

Sky Forum Discussion

Payload Addresses

ChainAddress
Ethereum0xFa533FEd0F065dEf8dcFA6699Aa3d73337302BED
Avalanche0xde73D4AB2b728b3826AA18aC7ACDE71677A3Ae4a

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

August 7, 2025

Sky Forum Discussion

Payload Addresses

ChainAddress
Ethereum0xa25127f759B6F07020bf2206D31bEb6Ed04D1550
Avalanche0x6AC0865E7fcAd8B89850b83A709eEC57569f919f

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

July 24, 2025

Sky Forum Discussion

Payload Addresses

ChainAddress
Ethereum0xe069f56033Ed646aF3B4024501FF47BBce67CfD1

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

April 30, 2025

Sky Forum Discussion

Payload Addresses

ChainAddress
Ethereum0x0c9CC5D5fF3baf096d29676039BD6fB94586111A

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.


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.

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