# IIP-72 Redirect FLI Revenue to Operations Account

**URL:** <https://gov.indexcoop.com/t/iip-72-redirect-fli-revenue-to-operations-account/2368>\
**Category:** Proposal\
**Tags:** IIP\
**Created:** [13 August 2021 06:59 UTC](https://gov.indexcoop.com/t/iip-72-redirect-fli-revenue-to-operations-account/2368 "2021-08-13T06:59:26Z")\
**Posts on this page:** 5\
**Page:** 2

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**Author:** ![Matthew\_Graham](https://yyz1.discourse-cdn.com/flex027/user_avatar/gov.indexcoop.com/matthew_graham/32/1336_2.png) [@Matthew\_Graham](https://gov.indexcoop.com/u/Matthew_Graham)\
**Post date:** [3 January 2022 21:29 UTC](https://gov.indexcoop.com/t/iip-72-redirect-fli-revenue-to-operations-account/2368/21 "2022-01-03T21:29:40Z")

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Hi Set Labs,

Due to the delays in implementing this proposal. May Index Coop kindly request that the FLI products held in the Treasury be transferred to the Operations Account ?  
Attn: @dylan, @puniaviision and @anon10525910.

The IIP passed in August. Over 4 months has passed and we are yet to implement this IIP. This is a tad concerning as not it is affecting day to day operations.

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**Author:** ![dylan](https://avatars.discourse-cdn.com/v4/letter/d/e95f7d/32.png) [@dylan](https://gov.indexcoop.com/u/dylan)\
**Post date:** [3 January 2022 23:19 UTC](https://gov.indexcoop.com/t/iip-72-redirect-fli-revenue-to-operations-account/2368/22 "2022-01-03T23:19:36Z")

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This transfer will be batched along with IIP-109 and IIP-114.

Implementation of this IIP has already begun, however like I mentioned above the base manager upgrades this requires are sensitive and must be executed _perfectly_. EWG has prioritized getting code reviews completed from Set on intrinsic productivity rebalances first. These should be up for review next.

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**Author:** ![dylan](https://avatars.discourse-cdn.com/v4/letter/d/e95f7d/32.png) [@dylan](https://gov.indexcoop.com/u/dylan)\
**Post date:** [8 January 2022 00:19 UTC](https://gov.indexcoop.com/t/iip-72-redirect-fli-revenue-to-operations-account/2368/23 "2022-01-08T00:19:50Z")

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All ETH2x-FLI + BTC2x-FLI have been transferred to the Operations account.

> **[Ethereum Transaction Hash (Txhash) Details | Etherscan](https://etherscan.io/tx/0x9ccae7594bbee6c30e816d0f493d269278bea9124b36054deeda539dbff8d576)**
>
> Ethereum (ETH) detailed transaction info for txhash 0x9ccae7594bbee6c30e816d0f493d269278bea9124b36054deeda539dbff8d576. The transaction status, block confirmation, gas fee, Ether (ETH), and token transfer are shown.

> **[Ethereum Transaction Hash (Txhash) Details | Etherscan](https://etherscan.io/tx/0x618fe9cfc57ca6e30ff512d10878f4b1408dfa5c83f5c506899712466fbd0a69)**
>
> Ethereum (ETH) detailed transaction info for txhash 0x618fe9cfc57ca6e30ff512d10878f4b1408dfa5c83f5c506899712466fbd0a69. The transaction status, block confirmation, gas fee, Ether (ETH), and token transfer are shown.

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**Author:** ![dylan](https://avatars.discourse-cdn.com/v4/letter/d/e95f7d/32.png) [@dylan](https://gov.indexcoop.com/u/dylan)\
**Post date:** [2 February 2022 17:33 UTC](https://gov.indexcoop.com/t/iip-72-redirect-fli-revenue-to-operations-account/2368/24 "2022-02-02T17:33:58Z")

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These manager upgrades to ETH2x-FLI and BTC2x-FLI have been completed. Any IC revenue accrued to ETH2x-FLI or BTC2x-FLI will be sent to the Operations account.

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**Author:** ![Matthew\_Graham](https://yyz1.discourse-cdn.com/flex027/user_avatar/gov.indexcoop.com/matthew_graham/32/1336_2.png) [@Matthew\_Graham](https://gov.indexcoop.com/u/Matthew_Graham)\
**Post date:** [2 February 2022 22:07 UTC](https://gov.indexcoop.com/t/iip-72-redirect-fli-revenue-to-operations-account/2368/25 "2022-02-02T22:07:26Z")

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Thank you very much @dylan 🙂

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