ZERA DEX Proxy Update Proposal

Summary

This proposal updates the smart contract referenced by zera_dex_proxy.

The proxy will now point to a new contract named dex_update_v1. This contract performs a one-time update to the LP token configuration.

Scope of Change

The dex_update_v1 contract performs the following action:

• Updates the LP token $dex-ZRA25sol-USDC+0000000000
• Transfers the minting key to the new DEX proxy
• Transfers the update key to the new DEX proxy

This contract does not execute ongoing logic. It exists only to perform this migration step.

Contract Behavior

• The contract does not require a specific caller
• Any user may execute the contract
• The contract can only be executed once
• After execution, the LP token mint and update authority will be controlled by the new DEX proxy

Governance Actions

If approved, governance will execute the following action:

1. Update zera_dex_proxy to call the dex_update_v1 contract

Final Notes

• This is a one-time administrative migration
• No liquidity or balances are affected
• The contract cannot be executed more than once
• This update transfers LP token control to the new DEX proxy