SPOT v5.0 upgrade is executed on-chain

Ampleforth governance reported that the SPOT v5.0 upgrade had executed on-chain and the system was functioning smoothly. The upgrade separated enrichment and debasement from rotations, introduced DR-based fees, directed fees to stAMPL holders, and enabled paired SPOT and stAMPL minting and redemption.

Date: 2025-07-21
Affected records: 2 linked records
1 stablecoin · 1 organization
Evidence: 1 source
1 evidence relation

Connected records

Affected records

Assets and organizations connected to this event.

StablecoinSPOT OrganizationAmpleforth

Sources

Evidence

Sources used for this record, with archival copies where available.

1 source identity · 1 evidence relation
Source	Publisher and date	Relevance	Archive
SPOT v5.0 Upgrade Source details Source category Governance record Provenance Governance primary source Primary or secondary Primary source Reliability High	Ampleforth Governance Published 2025-06-11	V5 Upgrade, Onchain Execution, Rotation Changes, Dr Fees, Paired Mint Redemption, Spot V5 Proposal and Execution	Archive index or wildcard

Governance record

SPOT v5.0 Upgrade

High

Publisher: Ampleforth Governance
Published: 2025-06-11
Provenance: Governance primary source
Primary or secondary: Primary source
Supported claims: V5 Upgrade, Onchain Execution, Rotation Changes, Dr Fees, Paired Mint Redemption, Spot V5 Proposal and Execution
Archive: Archive index or wildcard
Reliability: High

Record details
Classification, review, and event-specific data

Record ID: sog_ev_spot_v5_upgrade_2025
Severity: High
Event type: Protocol Upgrade
Public category: Governance and protocol change
Lifecycle effect: Remained active
Recovery or reversal: Not applicable
Recovery date: Not yet recorded
Cause or mechanism: SPOT v5.0 executed on-chain with updated fee, rotation, and paired mint-redemption mechanics.
Structured detail kind: Governance Change
Record confidence: High
Evidence relations: 1

Event-specific details

Governance change

Summary: SPOT v5.0 executed on-chain with updated fee, rotation, and paired mint-redemption mechanics.
Status: Implemented
Resolution date: 2025-07-21
Affected deployments: sog_dep_spot_ethereum
Related organizations: sog_issuer_ampleforth

Maintenance

Corrections and further reading

Use the documented correction path and methodology.