Summary

The ALE allows to leverage a user’s deposit by flash minting the required amount of DOLA to buy extra collateral via an exchange proxy and then borrowing from his escrow to repay and burn the minted amount.

This proposal aims to switch the exchange proxy used in the ALE from the 0x protocol to the 1inch protocol which shows better routing for most trades regarding DOLA and the collaterals of FiRM markets.

Forum post: https://forum.inverse.finance/t/ale-switch-the-exchangeproxy-from-0x-to-1inch/349

On-Chain Actions

setExchangeProxy(0x1111111254eeb25477b68fb85ed929f73a960582)